The Virginia State Tax Return 760 form is the official document used by residents of Virginia to report their income and calculate their state tax obligations. This form must be filed annually, typically by May 1, and is essential for determining how much tax is owed or if a refund is due. Understanding the details of the 760 form can help taxpayers navigate the filing process with ease.
The Virginia State Tax Return 760 form is a crucial document for residents of Virginia who need to report their income and calculate their state tax obligations. This form is specifically designed for individuals and married couples filing jointly or separately, and it must be submitted by May 1 of the tax year. The form requires personal information, including Social Security numbers, names, and addresses, along with details about dependents, if applicable. Taxpayers must indicate their filing status, which can significantly affect their tax calculations. The 760 form also incorporates various sections for income adjustments, deductions, and credits, allowing filers to accurately determine their Virginia Adjusted Gross Income (VAGI). Additionally, taxpayers can claim exemptions and apply for credits such as the Earned Income Credit or the Low-Income Tax Credit. The form culminates in the calculation of the total tax owed or the refund due, and it includes provisions for direct deposit of refunds. Understanding the components of the Virginia State Tax Return 760 form is essential for ensuring compliance and optimizing tax liabilities.
2601031
File by May 1, 2023 — USE BLACK INK
*VA0760122888*
WEB
2022 Virginia Form 760
Resident Income Tax Return
Rev. 06/22
Social Security Number
First 4 letters
Your first name
M.I.
Last name including suffix
of last name
You
-
Spouse’s first name (joint returns only)
Spouse
Number and Street - If this is a change, you must fill in oval
Birth Date (mm-dd-yyyy)
Deceased
Locality
Code
City, town, or post office
State
ZIP Code
I/we authorize the sharing of certain information from Form 760 and Schedule HCI (as described in the instructions) with the Department of Medical
Assistance Services (DMAS) and the Department of Social Services (DSS) for purposes of identifying persons who would like to newly enroll in medical assistance.
Fill in all ovals that apply:
Overseas on due date
Customer ID
VA Driver’s License Information
Issue Date
Name or Filing Status changed
Federal Schedule C filed
Virginia return not filed last year
Earned Income Credit
Dependent on another’s return
on federal return
Qualifying farmer, fisherman or
merchant seaman
Amount claimed:
Exemptions Add Sections A and B. Enter the sum on Line 12.
,
Amended Return - Reason Code
Spouse if
Dependents
Filing Status 2
Total Section A
Filing Status Enter in box (1 = Single, 2 = Joint, and 3 = Married Filing Separately)
1
+
=
X $930 =
Federal head of household? Filing Status 1 only YES
You 65
Spouse 65
Total Section B
If Filing Status 3, enter spouse's SSN in the Spouse's Social Security Number
or over
Blind
X $800 =
box at top of form and enter Spouse’s Name_______________________________
- - - Do you need to file? See Line 9 and Instructions - - -
loss
1.
........................................Adjusted Gross Income from federal return - Not federal taxable income
2.
Additions from enclosed Schedule ADJ, Line 3
2
3.
Add Lines 1 and 2
3
4.
Age Deduction. See Instructions. Be sure to provide date of birth above.
. 00
4
............
5
5.
Social Security and equivalent Tier 1 Railroad Retirement benefits if taxable on federal return
6.
State Income Tax refund or overpayment credit (reported as income on federal return)
6
7.
Subtractions from enclosed Schedule ADJ, Line 7
7
8.
Add Lines 4, 5, 6 and 7
........................................................................................................................
8
9.
Virginia Adjusted Gross Income (VAGI) - Subtract Line 8 from Line 3.
Enter the result on this line.
Note: If less than $11,950 for Filing Status 1 or 3; or $23,900 for Filing Status 2, your tax is $0.00
9
10.
Itemized Deductions from Virginia Schedule A. See instructions
10
11. If you do not claim itemized deductions on Line 10, enter standard deduction. See instructions
11
12. Exemptions. Sum of total from Exemption Section A plus Exemption Section B
12
13.
Deductions from Schedule ADJ, Line 9
13
14.
Add Lines 10, 11, 12 and 13
14
15.
Virginia Taxable Income - Subtract Line 14 from Line 9
15
LAR
DLAR
DTD
LTD
$_________
WEB Page 2
*VA0760222888* Your SSN
2022 Form 760
16.
Amount of Tax from Tax Table or Tax Rate Schedule (round to whole dollars)
....................................
16
17.
Spouse Tax Adjustment (STA). Filing Status 2
. 00 17
only. Enter Spouse’s VAGI in box here
è
and STA amount on Line 17.
18.
Net Amount of Tax - Subtract Line 17 from Line 16
18
19.
Virginia income tax withheld for 2022. Enclose copies of Forms W-2, W-2G, 1099, and/or VK-1.
19a.
Your Virginia withholding
...........................................................................................................
19a
19b.
Spouse’s Virginia withholding (Filing Status 2 only)
19b
....................................................
20
20.
Estimated tax payments for taxable year 2022 (from Form 760ES)
21.
Amount of 2021 overpayment applied toward 2022 estimated tax
21
22.
Extension Payments (from Form 760IP)
22
23.
Tax Credit for Low-Income Individuals or Earned Income Credit from Sch. ADJ, Line 17
23
24.
Credit for Tax Paid to Another State from Schedule OSC, Line 21
24
You must enclose Schedule OSC and a copy of all other state returns.
25.
Credits from enclosed Schedule CR, Section 5, Part 1, Line 1A
25
26.
Add Lines 19a through 25
26
27.
If Line 26 is less than Line 18, subtract Line 26 from Line 18.
This is the Tax You Owe
27
28.
If Line 18 is less than Line 26, subtract Line 18 from Line 26.
This is Your Tax Overpayment
........... 28
29.
Amount of overpayment you want credited to next year’s estimated tax
29
30.
Virginia529 and ABLE Contributions from Schedule VAC, Section I, Line 6
30
31.
Other Voluntary Contributions from Schedule VAC, Section II, Line 14
31
32.
Addition to Tax, Penalty, and Interest from enclosed Schedule ADJ, Line 21
32
See instructions
enclose 760C or 760F and fill in oval.
33. Sales and Use Tax is due on Internet, mail order, and out-of-state purchases (Consumer’s Use Tax).
See instructions.
............................ fill in oval if no sales and use tax is due
33
34.
Add Lines 29 through 33
34
35.
If you owe tax on Line 27, add Lines 27 and 34. OR If Line 28 is less than Line 34, subtract Line 28
from Line 34. Enclose payment or pay at www.tax.virginia.gov
AMOUNT YOU OWE
35
fill in oval if paying by credit or debit card - see instructions
36. If Line 28 is greater than Line 34, subtract Line 34 from Line 28
YOUR REFUND
36
If the Direct Deposit section below is not completed, your refund will be issued by check.
DIRECT BANK DEPOSIT
Bank Routing Transit Number
Domestic Accounts Only.
No International Deposits.
I (We) authorize the Dept. of Taxation to discuss this return with my (our) preparer.
Bank Account Number
Checking
Savings
I agree to obtain my Form 1099-G at www.tax.virginia.gov.
I (We), the undersigned, declare under penalty of law that I (we) have examined this return and to the best of my (our) knowledge, it is a true, correct, and complete return.
Your Signature
Date
Spouse’s Signature
Your
Spouse‘s
ID Theft
Phone
PIN
Preparer’s Name
Firm Name
Phone Number
Filing Election
Preparer’s PTIN
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