Yes — with exemptions for many retirees.
Vermont taxes Social Security benefits but fully exempts them for single filers under $50,000 and joint filers under $65,000 of AGI, with a partial exemption phasing out up to $60,000 / $75,000. Many retirees owe nothing.
Note: this covers state tax only. The federal government may tax up to 85% of your benefits depending on your combined income, regardless of where you live.
See how your claiming age affects your benefit.
Reviewed 2026-06-17. Verify with the Vermont Department of Revenue.
Updated July 2026