Desktop: Virginia
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Articles in Desktop: Virginia
Virginia Locality Codes
If you are filing a Schedule C or Schedule F with listed property a locality code must be entered.
Virginia Special Depreciation Adjustment
For taxable years beginning on or after January 1, 2025, and before January 1, 2027, Virginia has suspended its rolling conformity with the Internal Revenue Code (IRC).
Virginia - Credit for Taxes Paid to Another State
Virginia residents may claim a nonrefundable credit for taxes paid to another state.
Virginia - Where to subtract Virginia National Guard Income
The Virginia National Guard income is the amount of compensation for active and inactive service in the National Guard of the Commonwealth of Virginia.
Virginia Corporate Form 500 - e-File Block for NOL Deduction
NOL Deduction amount in Form 500FED must equal Federal amount in Heading Information.
Which States Does Virginia Have a Reciprocal Agreement With?
Virginia has a reciprocal agreement with District of Columbia, Kentucky, Maryland, Pennsylvania and West Virginia if the only source of income is from wages and salaries.
Virginia - Military Retirement/Pension Income
For tax years 2021 and prior, military retirement income is taxable in Virginia except for military retirement income received by Medal of Honor recipients.
Virginia Form 763-S - Special Nonresident Claim
The state of Virginia allows a special nonresident claim for taxes paid to the state by nonresidents in error, or under special circumstances.
Virginia Military Pay and Spouse Income
If the taxpayer is a resident of Virginia, they are subject to Virginia income tax on all income regardless of the source.
Virginia - Amended return refund or balance due option
After amending a Virginia individual tax return (Form 760 or 763) that originally had a balance due, the return may show a lower balance due and correspondingly the Worksheet for Amended Returns that prints with the return will show the difference as a refund.
Where do I make a Payment for Virginia Automatic Extension of Time to File?
All individual Virginia tax return filers are granted an automatic 6-month extension of time to file their income tax returns.
Where Do I Set Up Estimated Payments for Virginia?
The estimated payment vouchers can be printed from this menu by selecting Print Estimate Coupons , or they can be printed from the View toolbar icon above the Virginia Tax Return menu.
Virginia Supported Business Forms
The Tax Processors Plus Desktop program supports the following Virginia Business forms.
Where Do I Enter Contributions to a Virginia 529 Plan?
If a taxpayer contributes to a Virginia 529 college savings plan, a portion of the contributions can be subtracted from income on the Virginia return.