Virginia State Income Taxes

The state of Virginia collects income taxes on May 1st, which allows you 15 more days to file than most states do.


This page:

  • Lists basic Virginia state tax information

  • Links to the major Virginia income tax forms

  • Shows you how you can save time and money by e-filing

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Virginia state taxes at a glance:

Tax Rate Range: Low - 2.0%; High - 5.75%
Income Brackets: Lowest - $3,000; Highest - $17,000
Number of Brackets: 4
Personal Exemptions: Single - $900; Married - $1,800; Dependents - $900
Standard Deduction: Single - $3,000; Married filing Jointly - $5,000
Medical/Dental Deduction: Partial
Federal Income Tax Deduction: None

Filing your Virginia state income tax return

The filing status used on your federal return will generally determine thestatus that you use on your state form.

Married filers should keep in mind thatfiling status depends partially on residency status. As a general rule, aresident and a nonresident cannot file a joint or combined Virginia return. Thisis particularly important for members of the military to consider when choosinga filing status.

Likewise, if you itemize your deductions on your federal return you must itemize yourdeductions on the Virginia return also.

Virginia offers about twenty tax credits, but most of them are pretty specific. The more common ones include:

Credit for Taxes Paid to Another StateDay-Care Facility Investment CreditLow Income Housing CreditLow Income Individuals CreditPolitical Contributions CreditPreservation of Land Tax Credit

To claim these credits, you should file Schedule CR. A list of all the credit can be found on the Virginia Department of Revenue website.

In addition to these tax credits, Virginia taxpayers can claim a child and dependent care deduction. For more information on this and the state's itemized and standard deduction, check out the Virginia Department of Revenue website.

In come you receive as pension while a Virginia resident is taxable by Virginia,even though it may have been received from another state. However, you will not be taxed twice.

Even though your pension from another state is taxable in Virginia, it will not be taxed by the other state.

Virginia taxes all sources of income at the same rate range, including capital gains.

Nonresidents report their income in the same manner as residents, but useVirginia Form 763. An allocation percentage, based on the ratio of Virginiasource income to income from all sources, is applied to compute the net Virginiataxable income.

Sidebar
You can work on your Virginia tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).

Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.

Virginia income tax forms

The main Virginia tax forms are:

Form 760 | 2006 Virginia Income Tax Return| Instructions

Schedule ADJ | Tax Adjustments

Schedule CR | Tax Credits

If you need Virginia income tax forms that are not listed here, you can download them from the Virginia tax forms site.


Or, just simply e-file!

Additional VA state taxes help

If you need help with your federal tax return, start with our basic guide to tax filing.

For additional help with filing VA income tax returns, see the official site of the Virginia Department of Taxation.

State income tax info: