Are Social Security benefits taxable in Vermont?

In Vermont, Social Security benefits are generally not subject to state income tax. However, it is important to note that while the federal government does tax Social Security benefits if a person's income exceeds certain thresholds, Vermont does not follow this practice for its residents. The state excludes Social Security benefits from taxable income, which can provide some financial relief to retirees and those who rely on these benefits as their primary source of income. Nevertheless, individuals should consider their overall financial situation, including any other sources of income that may affect their tax obligations. For the most up-to-date information and further details, it would be advisable to visit the Vermont Department of Taxes website, where one can find comprehensive guidance regarding taxes on Social Security and other income sources.