SCorpDesk / 2026 S-Corp & QBI Guides / Vermont (VT) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Vermont (VT) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Vermont?
In Vermont (VT), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form BI-471). For the Pass-Through Entity Tax (PTET) deduction: No Enacted PTET. Entity-level franchise/minimum tax: $250 Minimum Vermont S-Corp Tax.
In Vermont (VT), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form BI-471). For the Pass-Through Entity Tax (PTET) deduction: No Enacted PTET. Entity-level franchise/minimum tax: $250 Minimum Vermont S-Corp Tax.
Open Vermont 2026 S-Corp & 20% Permanent QBI Calculator
2026 Vermont (VT) S-Corporation Statutory Tax Matrix
| Vermont S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form BI-471) |
| Pass-Through Entity Tax (PTET) Election | No Enacted PTET |
| Annual Minimum / Franchise Tax | $250 Minimum Vermont S-Corp Tax |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Vermont require a separate state S-Corp election in 2026?
For Vermont (VT): Recognizes Federal Form 2553 (Form BI-471).
What is the Vermont S-Corp franchise or minimum tax for 2026?
In Vermont: $250 Minimum Vermont S-Corp Tax.