Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

Virginia has a progressive tax structure, with four rates ranging from 2% to 5.75%. Learn about who pays Virginia state tax and when. Many, or all, of the products featured on this page are from our ...

Missing from Gov. Glenn Youngkin’s tax plan (“Youngkin’s Worthy Tax Bargain,” Review & Outlook, Dec. 29) is indexing Virginia’s income tax to inflation. Inflation continues to raise the income tax on ...

RICHMOND, Va. (WRIC) — A new study lays out several options for reforming Virginia’s income tax system, including raising rates for the highest income earners, but lawmakers are split on the path ...

Virginia Tax is reminding taxpayers that the individual income tax filing extension deadline is days away on Nov. 1. To be eligible for Virginia’s one-time income tax rebates, taxpayers must file by ...

Beginning July 1, 2022, Virginia’s new law establishing a workaround for the federal income tax limitation on deductions for state and local taxes (SALT) became effective. Owners of pass-through ...

Internal Revenue Service 1040 Individual income tax forms for 2021 arranged in Louisville, Kentucky, U.S., on Tuesday, April 12, 2022. Refund sizes in some cases have been up by nearly 25% compared ...

RICHMOND, Va. (WJHL) — Virginia Governor Glenn Youngin announced a budget proposal on Monday to make service tips exempt from the state’s income tax. In a news release from Youngkin’s office, he ...

On October 31, 2022, the Virginia Department of Taxation (the “Department”) released draft guidance (the “Draft Guidelines”) on Virginia’s elective pass-through entity (PTE) tax, addressing how to ...

Virginia has a progressive tax structure, with four rates ranging from 2% to 5.75%. Learn about who pays Virginia state tax and when. Many, or all, of the products featured on this page are from our ...