Virginia Income Tax Calculator 2023-2024. Learn More On TurboTax's Website If you make $77,994 a year living in Virginia you will be taxed $13,133. Your average tax rate is 12.08% and your ...

To be eligible, taxpayers must file their Virginia state income tax returns by November 3, 2025; The rebate amounts are set to be up to $200 for single filers and up to $400 for married couples ...

To be eligible for Virginia’s one-time income tax rebates, taxpayers must file by the deadline. Income tax rebates include up to $250 for single filers and $500 for married couples filing jointly.

Special tax credits that help low income people purchase health insurance are set to expire later this year if Congress doesn ...

A portion of the 1040 U.S. Individual Income Tax Return form is shown July 24, 2018, in New York. The IRS has been tasked with looking into how to create a government-operated electronic free-file ...

Whatever income tax relief Virginians might receive in 2024, inflation will cause it to dissipate over time. Most states that impose an income tax have an indexing provision.

Starting next tax season, Virginia will raise the standard deduction to $4,500 for individuals and $9,000 couples filing jointly. Losi said that will mean less of your income will be taxed by the ...

RICHMOND — Virginia Gov. Glenn Youngkin (R) proposed a state budget Wednesday that would cut income taxes but increase the sales tax, an approach his administration said would make state ...

Virginia does not tax Social Security benefits, which means that retirees in the state can get their Social Security income without state tax deductions. However, other forms of retirement income ...

Earned Income Tax Credit (EITC): Virginia is also enhancing its EITC. The refundable portion of the Commonwealth's EITC will increase to 20% of the federal credit, up from 15%.