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Vermont Estate Tax Calculator

Vermont levies a state estate tax that applies once the taxable estate exceeds its exemption.

Estate tax

Vermont Estate Tax Calculator — Calculation Summary

Input / parameterValue
StateVermont
Taxable estate$7,500,000
Result
Federal estate tax$0
Vermont state estate tax$400,000
Total estate tax$400,000

Source: Vt. Stat. Ann. tit. 32, § 7402 (2026).

This is an informal planning estimate only, not legal or tax advice. Confirm all figures with the IRS, your state Department of Revenue, or a licensed estate attorney or CPA before relying on them.

Federal exemption$15M
Vermont exemption$5M
Top state rate16%
State portabilityNo
Federal estate tax$0
Vermont state estate tax$400,000
Total$400,000

Source: Vt. Stat. Ann. tit. 32, § 7402 (2026)

Administration & filing in Vermont

  • Who pays: The estate pays the tax before distribution to heirs.
  • Where filed: With Vermont's tax authority (typically the Department of Revenue or Taxation), on a state estate/inheritance tax return.
  • Deadline: State returns generally follow the federal estate tax return timeline (IRS Form 706, due ~9 months after death, with a 6-month extension available), but state dates can differ — confirm with the state agency.
  • Citation: Vt. Stat. Ann. tit. 32, § 7402 (2026)

Informal estimate only — not legal or tax advice. Figures cite federal statute (IRC § 2010, OBBBA 2025) and each state's Department of Revenue. Tax laws and exemption amounts change yearly; confirm the current rule with the IRS, your state agency, or a licensed estate attorney or CPA before relying on any number.

How this calculator works

This Vermont estate tax calculator combines the latest federal exemption with Vermont's state-specific rules. Vermont levies a state estate tax that applies once the taxable estate exceeds its exemption. Enter your estate size to see the federal tax, the state tax, and the combined total.

Calculation method & sources

  • Federal tax: IRC § 2010(c)(3) exemption of $15M per person and IRC § 2001 graduated brackets.
  • Vermont tax: Vt. Stat. Ann. tit. 32, § 7402 (2026).

How to interpret your Vermont estate tax result

  • Vermont estate tax applies once the taxable estate exceeds $5,000,000.
  • Top state rate: 16.0%.
  • Vermont does not recognize portability; married couples should consider a credit-shelter trust to use both exemptions.
  • Federal estate tax is calculated separately and may apply above the $15M federal exemption.

Related guides

Frequently asked questions

Does Vermont have an estate tax?
Yes. Vermont has a state estate tax with a $5,000,000 exemption and a top rate of 16.0%.
What is the Vermont estate tax exemption in 2026?
The 2026 Vermont estate tax exemption is $5,000,000 per person.
Does Vermont recognize portability of a deceased spouse's exemption?
No. Vermont does not recognize portability. Married couples often use a credit-shelter (bypass) trust to preserve both exemptions.
Does Vermont have an inheritance tax?
No. Vermont does not levy an inheritance tax.
Not legal or tax advice. This estimate follows the federal and state statutes referenced on this page but cannot capture every factor (trusts, business valuation, charitable deductions, prior gifts, state add-backs).