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Virginia Form 760PY Part-Year Resident Income Tax Return

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2016 Virginia Part-Year Resident Income Tax Return (Form 760PY)

Due May 1, 2017

Page 1

See instructions before completing line items. Enclose a complete copy of your federal tax return and all other required Virginia enclosures.

Your Birth Date (mm-dd-yyyy)

Spouse’s Birth Date (mm-dd-yyyy)

Filing Status Code

Filing Status Options

1 = Single (Column A) - Federal head of household? YES

2 = Married, Filing Joint return (Column A)

3 = Married, Filing Separate returns (Column A)

4 = Married, Filing Separately on this combined return (Columns A and B)

If Filing Status 3, enter spouse's SSN and spouse’s name.

Your First Name

MI

Your Last Name

Check if deceased

Suffix

A Your Social Security Number

Spouse’s First Name

MI

Spouse’s Last Name

Check if deceased

Suffix

B Spouse’s Social Security Number

Present Home Address (Number and Street, or Rural Route)

City, Town or Post Office

State

ZIP Code

Locality Code

Dates of VA Residence (mm/dd/yyyy)

You - From

You - To

Spouse - From

Spouse - To

Check Applicable Boxes

Exemptions Enter the number of exemptions being claimed.

A - You

B - Spouse

Dependents

65 or Over

Blind

Income, Deductions, and Tax Calculation

1 Federal Adjusted Gross Income

2 Additions

3 Add Lines 1 and 2

4a Qualifying Age Deduction - You

4b Qualifying Age Deduction - Spouse

5 Social Security / Railroad Benefits

6 State Income Tax Refund

7 Income Outside Virginia

8 Subtractions

9 Add Lines 4a, 4b, 5, 6, 7 and 8

10 Virginia Adjusted Gross Income

11 Itemized Deductions

12 State and local income taxes

13 Standard / Itemized deduction result

Page 2

14 Prorated exemption amount

15 Deductions from Schedule 760PY ADJ

16 Add Lines 13, 14 and 15

17 Virginia Taxable Income

18 Tax amount

19 Total Tax

20a Your Virginia income tax withheld

20b Spouse’s Virginia income tax withheld

21 Combined estimated tax payments

22 2015 overpayment credited

23 Extension payment

24 Tax credit / EIC

25 Credit for taxes paid to another state

26 Credit for Political Contributions

27 Credits from Schedule CR

28 Total payments and credits

29 Income tax you owe

30 Overpayment amount

31 Credit to 2017 estimated tax

32 Virginia College Savings Plan Contributions

33 Other Voluntary Contributions

34 Addition to Tax, Penalty and Interest

35 Consumer’s Use Tax

36 Add Lines 31 through 35

37 Amount you owe

38 Your refund

Your Name

Your SSN

DIRECT BANK DEPOSIT

Domestic accounts only. No international deposits.

Bank Routing Transit Number

Bank Account Number

Checking

Savings

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

Your Phone Number

Date

Spouse’s Signature

Spouse’s Phone Number

Date

Preparer’s Name

Preparer’s Phone Number

Date

Firm’s Name

Preparer’s PTIN

Vendor Code

Filing Election Code

Office Use Only

Enter text✕

What the Virginia Form 760PY Part-Year Resident Income Tax Return Is

The Virginia Form 760PY Part-Year Resident Income Tax Return is the official state income tax form used by individuals who lived in Virginia for only part of the tax year or who changed residency during the year. It allocates Virginia-source and non‑Virginia-source income, computes tax on the Virginia portion of your taxable income, and reconciles withholding and estimated tax payments. Filers use 760PY to claim credits and calculate refunds or balances due specifically for the period they were Virginia residents.

Why Completing Form 760PY Matters for Part-Year Residents

Accurately completing Form 760PY ensures you are taxed only on income attributable to the period you were a Virginia resident, helps preserve credits and withholding, and avoids state-level penalties or interest for underpayment or late filing.

Why Completing Form 760PY Matters for Part-Year Residents

Who Needs to File Virginia Form 760PY

Use 760PY to report the Virginia portion of income, claim applicable credits, and reconcile with Virginia withholding.

  • Part-year residents who earned income while living in Virginia during the year.
  • Full-year nonresidents with Virginia-source income may use different forms; consult state instructions.
  • Tax preparers and payroll teams preparing state allocations for employees with residency changes.

Step-by-Step: Completing Form 760PY

Follow these steps in order to prepare and submit an accurate Form 760PY.

  • 01
    Gather Documents: Collect federal return, W-2s, 1099s, and prior state statements.
  • 02
    Determine Residency Period: Establish exact entry and exit dates for Virginia residency.
  • 03
    Allocate Income: Use worksheets to apportion income to the Virginia residency period.
  • 04
    File and Sign: E-file or mail the signed return with attachments and payment if due.

Digital Filing Setup and Authentication Options

Configure submission settings for e-filing or secure electronic signing, choosing appropriate authentication and file attachments.

Field Configuration
eSign Method Email link or platform eSignature for signer acceptance
Authentication Email + SMS code or platform 2FA for higher assurance
Attachments Attach PDF W-2s, 1099s, and supporting schedules
Payment Option Electronic payment details for balance due or voucher

How Submission and Processing Typically Flow

Overview of the common submission route and what to expect after filing Form 760PY.

  • Prepare Return: Complete 760PY and assemble attachments.
  • Choose Delivery: E-file via approved vendor or print and mail to Virginia DOR.
  • State Processing: Virginia DOR reviews allocations and withholding reconciliation.
  • Notice or Refund: Expect refund or notice if additional tax, penalty, or info is needed.

Key Filing Dates and Deadlines

Know federal and Virginia deadlines that affect when you must file or request extensions for Form 760PY.

Federal 1040 Due Date:

April 15 (use Form 4868 to request extension)

Extension Deadline:

October 15 if timely extension filed for federal return

Virginia Filing Timeline:

File state return by the same extended federal due date

Estimated Payments:

Quarterly deadlines apply if underpayment may occur

W-2/1099 Reporting:

Use IRS deadlines for information reporting to reconcile withholding

Penalties and Risks of Incorrect or Late Filings

Late-filing penalty: Interest plus state penalties
Underpayment interest: Interest assessed on unpaid tax
Incorrect information returns: IRC §6721 penalties may apply
Intentional disregard: Higher penalty, no cap
Backup withholding: 24% rate for missing TIN
Fraud penalties: Civil or criminal sanctions possible

Common Preparation Errors to Avoid

  • Recording incorrect residency dates that misallocate income and mistakenly increase Virginia tax liability.
  • Double-counting income between federal and state worksheets, especially with multi-state wages and employer allocations.
  • Failing to attach supporting W-2s or 1099s, which can delay refunds and trigger information requests from Virginia DOR.
  • Mismatched names or SSNs between federal return and state filing that lead to processing delays or backup withholding.

Key Sections of Virginia Form 760PY You Should Review Closely

Understanding each major section helps you complete the form accurately and document state-source allocations.

Identification

Taxpayer name, SSN, address, and residency dates; verify against federal return.

Income Allocation

Worksheet to apportion wages, business, and other income to the Virginia residency period.

Adjustments and Deductions

State-specific adjustments to income and allowable deductions for the part-year period.

Credits

Apply Virginia credits pro rata where eligible for the part-year period.

Withholding Reconciliation

Enter state tax withheld from W-2s and 1099s to compute refund or balance due.

Supporting Schedules

Attach W-2s, 1099s, and the allocation worksheet as required by instructions.

Saving, Exporting, and Supporting Documents for 760PY

Choose formats and file organization that preserve audit trails and make future retrieval straightforward.

Save as PDF/A

Export a final, non-editable PDF/A copy for long-term archival and consistent reproduction.

Export Data

Export attachment metadata or spreadsheets when preserving allocation worksheets for accounting systems.

Print-ready

Generate a single combined PDF with all W-2s, 1099s, and schedules for mailed returns.

Attachments Checklist

Include signed federal return, W-2s, 1099s, allocation worksheet, and any credit documentation.

Technical Requirements for eSubmission and eSignatures

Ensure your e-signature platform supports the formats and authentication needed for tax document submission.

  • File Formats: PDF, PDF/A, DOCX supported
  • Integrations: Salesforce, NetSuite, Google Workspace supported
  • Authentication: Email link, SMS code, or platform 2FA

eSignature Pricing Comparison for Tax Workflows (signNow First)

Comparison of common eSignature vendors and key plan attributes relevant to filing and signing tax-related documents; signNow is listed first per platform data.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies by vendor/plan Varies by vendor/plan Varies by vendor/plan Varies by vendor/plan
Bulk Send Yes (premium) Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes (BAA available) Yes Yes No No

Real-World Examples of Digital Forms and Signatures

Illustrative examples show how organizations use digital signing to manage form-driven workflows including tax and compliance documents.

Optica Ventures

Their team streamlined document handling for clients who relocate across states, ensuring signatures returned quickly.

  • The interface remained simple and accessible.
  • Brian Fitzgibbons, COO, said: "The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers."

Martin Properties

A small real estate firm collected signatures for residency and closing paperwork remotely.

  • Mobile signing enabled faster turnarounds.
  • Tim Martin, Founder, noted he could process and execute documents online with compliant security, improving efficiency.

Frequently Asked Questions About Virginia Form 760PY

Answers to common questions filers have about allocating income, filing, signatures, and documentation for Form 760PY.


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