Vermont property tax: Up to $8,000 property tax credit Vermont 2026 is now within reach for eligible homeowners. This Vermont homestead credit April 1 deadline is critical. Miss it, and you lose thousands in property tax relief USA benefits. The program directly cuts your 2026 tax bill, not a cash payout. Homeowners must meet Vermont property tax credit eligibility, including income below $115,400 and full-year residency in 2025. You must also declare your home as a homestead by April 1. File Form HS-122 and Schedule HI-144 before April 15. This high-value Vermont property tax relief program targets rising housing costs and supports middle-income families fast.