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If you need to reach us, please use the appropriate email address from the Department directory or schedule a virtual or telephone appointment. See our Flood Recovery Resources to learn more about available tax relief.

Estimated Income Tax

Estimated income tax is the amount of Vermont tax you expect to owe for the year on income that is not subject to withholding. This includes earnings from self-employment, interest, dividends, rental income, alimony, etc. and any additions to your Vermont tax including the following:

  • Qualified Retirement Plans such as Individual Retirement Accounts (IRA); Health Savings Accounts (HSA); and Medical Savings Accounts (MSA)

  • Recapture of Federal Investment Tax Credit

  • Vermont Tax Credit Recapture

Paying quarterly estimated income tax will help ensure your tax is paid accurately and timely. Avoid the shock of discovering you have not saved enough during the year to pay your taxes in April. Learn more about how to update your Income Tax Withholding.

You must estimate your income tax and pay the tax each quarter if you:

  • do not have Vermont income tax withheld from your pay

  • do not have enough Vermont income tax withheld each pay period

  • have Vermont income not subject to withholding tax

For example, if you are self-employed, you should pay estimated income tax or if you receive a substantial income in the form of dividends or interest.

You need to make Estimated Income Tax payments:

  • if you are self-employed, you must pay your own estimated income taxes to the Department, usually quarterly. You must pay all other Vermont business taxes as they apply to your business.

  • if you think that your withholding will be less than 90% of your tax liability.

  • if you are a Vermont resident working in another state.

How to Calculate Your Payment

You should pay equal to the total amount for the year that is:

  1. equal to 100% of last year’s tax liability or

  2. 90% of this year’s tax liability. 

Attention, Farmers and Fishers By federal law, individuals receiving two-thirds of their income from farming or fishing, as defined by the IRS, are not required to make estimated income tax payments. If you are billed penalty and interest on underpayment of estimated tax, contact the Department to have the bill adjusted.

Annualized Estimated Payments for Vermont

Individuals who make annualized estimated tax payments with the IRS may also make annualized estimated payments in Vermont. If you make annualized payments, please attach a completed copy of the following forms when you file your Vermont income tax return: 

  • Federal Form 2210 and

  • IN-152A, Annualized Income Installment Method for Underpayment of 2017 Estimated Individual Income Tax

How to Make a Payment


Make your payment by ACH Debit (NO FEE) using myVTax. You can also use your credit card to pay on this site, however there is a nonrefundable 3% fee which is retained by the service company.

Personal Check or Money Order

Please complete and submit Form IN-114, Individual Income Estimated Tax Payment Voucher with your payment. Payments submitted without a voucher may be lost or misdirected which can result in late payment penalties.

Pay by Credit Card Pay by ACH Debit Pay by Check

Payment Due Dates


Tax Period Ending Due Date
3/31/2022 4/15/2022
6/30/2022 6/15/2022
9/30/2022 9/15/2022
12/31/2022 1/15/2023

Personal Income Tax Forms and Instructions

Form Number Instructions Title
2022 Income Tax Return Booklet Included with form

2022 Vermont Income Tax Return Booklet

This booklet includes forms and instructions for: IN-111, IN-112, IN-113, IN-116, HS-122, RCC-146, HI-144

2210 (IRS)   Underpayment of Estimated Tax by Individuals, Estates, and Trusts
Domicile Statement   Domicile Statement
Rate Schedules   2022 Vermont Rate Schedules
Tax Tables   2022 Vermont Tax Tables
School District Codes   Vermont School District Codes
HS-122, HI-144 Instructions

2023 Property Tax Credit Calculator

Vermont Homestead Declaration AND Property Tax Credit Claim
HS-122W Included with form Vermont Homestead Declaration and/or Property Tax Credit Withdrawal
HSD-315   Request For Lister’s Certificate of Housesite Value
HSD-316   Request For Lister’s Certificate of Housesite Value For A Subdivided Parcel
IN-110 Included with form Change of Name and/or Address for Personal Income and/or Renter Credit Claim
IN-111 Instructions Vermont Income Tax Return
IN-112 Instructions VT Tax Adjustments and Credits
IN-113 Instructions Income Adjustment Calculations
IN-114 Instructions 2023 Individual Income Estimated Tax Payment Voucher
IN-116 Included with form Income Tax Payment Voucher
IN-117 Instructions Vermont Credit for Income Tax Paid to Other State or Canadian Province
IN-119 Instructions Vermont Tax Adjustments and Nonrefundable Credits
IN-151 Included with form Application for Extension of Time to File Form IN-111 Vermont Individual Income Tax Return
IN-152 Included with form Underpayment of 2022 Estimated Individual Income Tax
IN-152A Included with form Annualized Income Installment Method for Underpayment of 2022 Estimated Tax by Individual, Estates, and Trusts
IN-153 Instructions Capital Gains Exclusion Calculation
RCC-146 Instructions Vermont Renter Credit Claim
W-4VT Included with form Employee’s Withholding Allowance Certificate