Bill > H0249

This bill creates a new income tax deduction of $1,000 for Vermont taxpayers who have dependents enrolled in home study programs. The deduction applies to qualified expenses, which include costs for educational instruction, materials, equipment, software, and computer hardware used during the normal school day, whether the instruction is in-person or through distance learning. To be eligible, the student must be a dependent of the taxpayer as defined by federal tax law (26 U.S.C. § 152) and cannot be claimed as a dependent by another taxpayer. The bill's purpose is to provide financial assistance to Vermont families who choose to educate their children through home study programs. The tax deduction will take effect retroactively on January 1, 2025, and will apply to taxable years beginning on or after that date, meaning taxpayers can claim this deduction when filing their 2025 tax returns.

Budget and Finance

https://legislature.vermont.gov/bill/status/2026/H.249