Vermont (VT) – 2018


Minimum WageVermontFederal
Minimum Wage$10.50$7.25
Minimum Cash Wage (Tipped Employee)$5.25$2.13
Maximum Tip Credit$5.25$5.12
State Income TaxVermontFederal
Wage WithholdingTables
Supplemental Wage / Bonus Rate24% of Federal Tax
Unemployment InsuranceVermontFederal
Maximum 2018 Taxable Earnings (Increased from $17,300 in 2017)$17,600
Employee 2018 DeductionNone
Employer FY2019 Tax Rates (Effective 7/1/18 – 6/30/19)0.8 – 6.5%
Standard FY2019 New Employer Rate1.00%
Voluntary Contribution PermittedNo

Federal (FED) – 2018

Minimum WageFederal
Youth Minimum Wage$4.25
Maximum Tip Credit$5.12
Minimum Cash Wage (Tipped Employee)$2.13
Minimum Wage$7.25
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)0.90%
Employee / Employer Tax Rate (Unchanged from 2017)1.45%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2017)6.20%
Maximum Taxable Earnings (Increased from $127,200 in 2017)$128,400
Normal Net Tax0.60%
Maximum Credit5.40%
Percent of Taxable Wages6.00%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2017)$1,000
Family Contribution Limit (Employee / Employer) (Increased from $6,750 in 2017)$6,900
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,400 in 2017)$3,450
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Decreased from 39.6% in 2017)37%
Flat Rate Withholding Method (Decreased from 25% in 2017)22%

Vermont State Resources

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