Get a Faster & Easier Virginia Tax Refund
Virginia’s state income tax rate fluctuates between 2% and 5.75% based on personal income. This is lower than the national average. The state's annual tax revenue is over $18 billion, which is slightly higher than the national average.
The state has four income tax brackets. The first $3,000 of taxable income is taxed at 2%, income from $3,001 to $5,000 is taxed at 3%, income from $5,001 to $17,000 is taxed at 5%, and income over $17,000 is taxed at 5.75%. For tax year 2025, the standard deduction is $8,750 for single filers and $17,500 for married couples filing jointly.
Nonresidents, partial-year residents and permanent residents of the state must file a Virginia tax return every year if they earn income in the state. This also applies to students and dependents who earn income in the state. Residents must file Form 760, partial-year residents must file Form 760PY and nonresidents must file form 763. More information on residency requirements and forms can be found at the Virginia Department of Taxation website.
If you're filing Virginia taxes, your tax returns are due by May 1. They must be mailed or e-filed by this date to avoid penalties and fees. Extended returns are due by November 1. Taxpayers who file a federal extension automatically receive an extension in Virginia there is no state extension form to file.
All income taxes are due and must be paid by May 1 to avoid penalties. Payments can be sent with the Form 760IP (payment coupon) to:
Department of Taxation
PO Box 760
Richmond, VA 23218-0760
It Is Important To Pay Your Bill by May 1st
Taxpayers who file their returns late are subject to a penalty of 6% of the tax they owe per month. The maximum total fee per year is 30% of the tax owed. For taxpayers who file on-time but do not pay what they owe, a fee of 6% of the amount due is assessed per month with a maximum charge of 30%.
Where's My Virginia Tax Refund?
To track a refund online you may visit www.tax.virginia.gov/content/where-my-refund. To check the status of a Virginia refund by phone you can dial 804-367-2486.
Frequently Asked Questions
How does residency status affect my taxes?
Residents are taxed on all income regardless of where it's earned. Part-year residents are taxed on all income earned while a resident, plus income from state sources. Nonresidents are taxed only on income earned from sources within Virginia. Your residency status determines which form to file and how much of your income is taxable.
What income qualifies for deductions or exemptions?
Social Security and Tier 1 Railroad Retirement benefits are exempt from taxation. Military retirement income up to $40,000 can be subtracted for tax years 2025 and later. Taxpayers 65 and older may qualify for a $12,000 deduction. Up to $15,000 of military basic pay may be subtracted if total pay is less than $30,000, with the subtraction reduced by $1 for every dollar over $15,000. Combat or hazardous duty pay is fully exempt from taxation.
What tax credits are available for 2025?
The refundable Earned Income Tax Credit increased to 20% of the federal EITC for 2025 tax returns. The Credit for Low Income Individuals provides up to $300 per personal or dependent deduction. The Credit for Taxes Paid to Another State reduces tax liability for income taxed by another state. Eligible educators can deduct up to $500 of qualifying expenses. The firearm safety device credit now applies to purchases from commercial retailers in addition to federally licensed firearms dealers.
Are capital gains taxed differently?
Capital gains are taxed at the same rate as personal income in the Virginia's progressive bracket system. However, income from investments in qualified technology businesses can be subtracted from taxable income.
Note: States & U.S. territories may make changes to their tax laws with little notice. We do our best to keep this information up-to-date, but it is provided on an "AS IS" basis. For more see our terms.