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Virginia Department of Taxation Income Tax Return P O Box 1500 2022

Va 502 2022-2025 Form

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Video instructions and help with filling out and completing Virginia Department Of Taxation Income Tax Return P O Box 1500 Form

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Instructions and help about virginia form 502 instructions

[Music] let's look at calculating state income tax for Virginia we're going to make a fictitious salary of a hundred thousand dollars and we're going to look at what would the Virginia state taxes look like and how can you use this to calculate your state taxes for your specific example make sure you have your tax tables up for the Virginia tax table so we can use those to reference as we go through this so our salary is going to be a hundred thousand state standard deduction you look at your tax tables and you looked at the bottom to see what is the standard deduction for someone filing single or married filing joint depending on what you are doing I'm going to do filing a single in this example so we're going to have an eight thousand dollar standard deduction and that means that we are going to have a 92 000 taxable income so we don't have to pay taxes on eight thousand we do have to pay taxes on the remaining 92. that comes straight d

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