Tax Credits

Vermont Higher Education Investment
- 32 V.S.A. § 5825a

Purpose: Encourage savings for college

Credit Amount: 10% of the first $2,500 contributed to a beneficiary's account .

Credit Limitation: Invest must be in a 529 plan administered by Vermont Student Assistance Corporation Nonrefundable credit against Vermont personal income tax.

For More Information:
Vermont Department of Taxes
133 State Street
Montpelier, Vermont 05633
Tel: 866-828-2865 (toll-free in VT)
802-828-2865 (local or out-of-state)

Vermont Student Assistance Corporation
Tel: 800-637-5860
www.vsac.org

Other Tax Credits:
- Affordable Housing
- Angel Venture Capital
- Charitable Housing
- Commercial Film Production
- Income Tax Paid to Another
  State or Canadian Province
- Low Income Child &
  Dependent Care
- Qualified Sale of Mobile
  Home Park
- Vermont Earned Income
  Credit
- Vermont Employment
  Growth Incentive (VEGI)
- Vermont Higher Education
  Investment
- Vermont Seed Capital Fund