Vermont Child, Dependent Care, EITC, Property Tax, and Renter Credits¶
Vermont tax relief pathways that may apply to caregiver households, including the refundable Vermont Child Tax Credit, Child and Dependent Care Credit, Earned Income Tax Credit, Property Tax Credit for eligible homeowners, and Renter Credit for eligible renters.
Vermont offers multiple refundable tax credits relevant to caregiver households. The Vermont Child Tax Credit provides up to $1,000 per child age 5 or younger, with the full credit for filers with income under $125,000 and a partial credit up to $175,000. The Vermont Child and Dependent Care Credit equals 72% of the federal credit and is fully refundable. The Vermont Earned Income Tax Credit equals 38% of the federal EITC and is fully refundable. Vermont also offers a Property Tax Credit for eligible homeowners whose property qualifies as a homestead and who meet household-income and filing requirements, with maximum components of $5,600 for education property tax and $2,400 for municipal property tax for the 2025 claim. Vermont's Renter Credit is a refundable credit for eligible residents who rented in Vermont for at least six months, meet income eligibility, and are not claimed as another taxpayer's dependent.