Freelancer Taxes in Vermont: 1099 vs W2
Compare 1099 vs W2 taxes in Vermont at every income level. See self-employment tax, take-home pay, and the freelance rate you’d need to charge.
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Deductible expenses reduce your taxable income
Freelancers pay $3,344 more in taxes
That’s $279/month less in your pocket
| Category | W2 Employee | 1099 Freelancer |
|---|---|---|
| Gross Income | $75,000 | $75,000 |
| Social Security | -$4,650 | -$8,589 |
| Medicare | -$1,088 | -$2,009 |
| Federal Income Tax | -$8,114 | -$6,948 |
| Vermont Tax | -$3,092 | -$2,742 |
| Total Tax | -$16,944 | -$20,288 |
| Take-Home Pay | $58,056 | $54,712 |
| Effective Rate | 22.6% | 27.1% |
To match your W2 take-home of $58,056
You’d need to charge $81,000/year as a freelancer
That’s about $39/hour (40 hrs/week)
1099 vs W2 at Every Income Level
| Income | W2 Take-Home | 1099 Take-Home | Extra Tax |
|---|---|---|---|
| $25,000 | $21,378 | $19,994 | +$1,384 |
| $30,000 | $25,267 | $23,648 | +$1,619 |
| $35,000 | $29,117 | $27,228 | +$1,888 |
| $40,000 | $32,967 | $30,809 | +$2,158 |
| $45,000 | $36,817 | $34,389 | +$2,428 |
| $50,000 | $40,667 | $37,969 | +$2,698 |
| $55,000 | $44,459 | $41,549 | +$2,910 |
| $60,000 | $48,146 | $45,047 | +$3,099 |
| $65,000 | $51,681 | $48,476 | +$3,205 |
| $70,000 | $54,869 | $51,748 | +$3,121 |
| $75,000 | $58,056 | $54,712 | +$3,344 |
| $80,000 | $61,244 | $57,677 | +$3,567 |
| $90,000 | $67,619 | $63,606 | +$4,013 |
| $100,000 | $73,994 | $69,535 | +$4,459 |
| $110,000 | $80,369 | $75,464 | +$4,905 |
| $120,000 | $86,711 | $81,393 | +$5,318 |
| $150,000 | $104,971 | $98,601 | +$6,371 |
| $175,000 | $120,159 | $112,726 | +$7,432 |
| $200,000 | $136,828 | $127,750 | +$9,078 |
| $250,000 | $166,837 | $158,725 | +$8,112 |
Single filer, no business expenses, 2025 tax brackets.
Compare Other States
Vermont Salary Calculator
See W2 salary breakdowns for all income levels in Vermont