VIRGINIA  tax return

VIRGINIA Tax Returns with ExpressTaxRefund.com!

Looking to cut down on tax preparation time? You can file your VIRGINIA income taxes and federal taxes at the same time using ExpressTaxRefund.comExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms.

States that assess income tax to residents can chose one of three methods. Virginia uses a joint filing system, which combines both incomes of the partners in a married couple and taxes them as a single amount. This aligns with the federal government’s ideal that the family is a single economic unit.

Virginia’s tax base starts with the federal adjusted gross income. While this is similar to the federal standards and tax laws, there are certain differences at state level which are worth noting, especially with what income is included in taxation.

Exemptions

Some sources of income aren’t included in taxation for state residents. These include:

  • Interest from U.S. Government bonds
  • Lottery winnings less than $600
  • Unemployment compensation
  • Social Security benefits
  • Active Duty Military CZE and up to $15,000 of basic military pay if on extended active duty
  • Virginia National Guard pay under $3,000
  • Capital gains from land sales for open space use
  • Long-term capital gains from investments in state-certified technology businesses
  • Capital gains relating to historic rehabilitation tax credit

Deductions

Residents can claim a $3,000 standard deduction is they file single, head of household, or married filing single. Joint filers double that at $6,000. Additionally, taxpayers may claim the following deductions:

  • Deductions based on age and income for residents aged 65 and older
  • Child and dependent care expenses
  • $1,000 per child for foster parents
  • Bone marrow donor screening fees
  • State college savings plans distributions and refunds
  • Continuing teacher education expenses
  • Prepaid funeral, medical, and dental premiums
  • Long-term health care insurance premiums
  • Contributions to Virginia public school construction grants
  • Income from tobacco quota buyouts
  • Sales tax paid on energy efficient appliances
  • Organ and tissue donation expenses
  • Mileage for charitable organizations
  • Dealer disposition property income
  • Up to $20,000 in disability income

Local and state income taxes are not deductible, and neither are federal income taxes.

Tax Rates

No matter what filing status you choose, Virginia Tax rates are:

Filer Taxable Income Tax Rate
$0 - $3,000 2% of income over $0
$3,000 - $5,000 $60 plus 4% on anything over $3,000
$5,000 - $17,000 $120 plus 5% on anything over $5,000
$17,000+ $720 plus 5.75% on anything over $17,000

ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS.

Benefits of using ExpressTaxRefund.com:

  • Prepares both your federal return and your state income tax returns at the same time by automatically transferring matching data into both forms.
  • Finds all valid tax deductions, does the math for you and provides self-help tools to simplify tax preparation.
  • Allows you to securely access and efile your tax data online from any Internet connection.

Take advantage of online E-Filing services available through ExpressTaxRefund.com

Filing your tax return with ExpressTaxRefund.com is faster than ever. Choose direct deposit, and receive your tax refund even quicker!

Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS.

Customer Support :
ExpressTaxRefund.com offers our customers full technical support.  Our professional customer care representatives are standing by awaiting your calls.  Whether it’s a question regarding your account or the calculation of your return, get an answer within minutes. Live chat support is also available, with little to no wait time.





State Tax Returns