The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
002
:
TAXATION OF INDIVIDUALS, TRUSTS, AND ESTATES
(Cite as: 32 V.S.A. § 5828c)
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§ 5828c. Child and dependent care credit
A resident or part-year resident of this State shall be eligible for a refundable
credit against the tax imposed under section 5822 of this title. The credit shall be equal to 72 percent of the federal child and dependent care
credit allowed to the taxpayer for the taxable year for child or dependent care services.
The amount of the credit for a part-year resident shall be multiplied by the percentage
that the individual’s income that is earned or received during the period of the individual’s
residency in this State bears to the individual’s total income. (Added 2001, No. 144 (Adj. Sess.), § 24, eff. June 21, 2002; amended 2003, No. 70 (Adj. Sess.), § 39, eff. March 1, 2004; 2021, No. 138 (Adj. Sess.), § 3, eff. January 1, 2022; 2023, No. 72, § 14, eff. January 1, 2023.)