Comprehensive statutory analysis of Virginia individual income tax rates, Department of Revenue filing forms, extension guidelines, telecommuting sourcing rules, and pass-through entity tax provisions.
Filing DeadlineMay 1, 2026 (Unique Virginia statutory deadline)
Primary Resident FormForm 760 (Resident Individual Income Tax Return)
Nonresident FormForm 763 (Nonresident Individual Income Tax Return)
Convenience of Employer RuleNo
Reciprocity AgreementsNone
Community Property StateCommon Law
State Estate/Inheritance TaxNone (Federal Only)
QSBS IRC § 1202 ConformityState Specific / Under Review
Marginal Rate Ladder: Virginia
Source: Tax Foundation — State Individual Income Tax Rates and Brackets, 2026 (retrieved 2026-08-09). Ranks Virginia against all 51 jurisdictions.
2026 Legislative & Statutory Highlights
Virginia features a 4-bracket progressive tax with a top rate of 5.75% applying to taxable income over $17,000. Virginia maintains an increased standard deduction ($8,500 single, $17,000 married). Virginia filing deadline is May 1.
Virginia operates a graduated personal income tax schedule with marginal brackets reaching up to 5.8%. Tax parameters are indexed annually or enacted through state legislative sessions. Taxpayers should ensure that adjustments for federal bonus depreciation, Section 179 expensing, and Net Operating Loss (NOL) carryforwards follow Virginia's specific rolling or static Internal Revenue Code conformity date.
Filing Forms, Deadlines & Extension Guidelines
Full-Year Resident ReturnForm 760 (Resident Individual Income Tax Return)
Nonresident / Part-Year ReturnForm 763 (Nonresident Individual Income Tax Return)
Statutory Filing Calendar & Extension Provisions:Automatic 6-month extension to November 1, 2026 without filing a form, provided at least 90% of tax is paid by May 1 using Form 760IP.
Virginia taxes residents on all income. Virginia has reciprocal agreements with DC, Kentucky, Maryland, North Carolina, and West Virginia, exempting commuting cross-border workers.
Cross-Border Tax Credits:If you are an Virginia resident earning wages in another state that also levies income tax, Virginia generally permits a resident credit for taxes paid to other jurisdictions (subject to statutory percentage limitations) to avoid unconstitutional double taxation.
Pass-Through Entity (PTE) Tax & Small Business Rules
Virginia enacted an elective Pass-Through Entity Tax (PTET) at 5.75% (HB 1121), allowing business owners full federal tax relief.
Estate & Inheritance Tax
Virginia has no state estate tax and no inheritance tax.
Local & County Taxes
Virginia cities and counties do not levy local personal income taxes on employee wages.
Worked Tax Example: $120,000 W-2 Earner in Virginia
A single resident in Northern Virginia or Richmond earning $120,000 pays approximately $6,240 in Virginia state income tax, an effective rate of 5.20%.
Gross W-2 Wages$120,000
Est. State Tax$6,240
Effective State Rate5.20%
Calculate Your 2026 Virginia Tax Liability
Enter your taxable income, filing status, and municipal details below to calculate your customized state tax liability and print your executive summary.
Structure
graduated
Top rate
5.8%
State tax
$4,343
Eff. rate (state+local)
5.4%
Graduated system, top rate 5.75% (lowest bracket 2%). 2026 brackets — verify against VA DOR. Not a community property state.
⚠ Some figures for this state are not yet fully verified — confirm with the state Department of Revenue before relying on them.
Official Executive Tax Dossier · Form 1040 Statutory Mapping
2026 Executive Virginia State Tax Audit Summary
STATUTORY SEAL:FT-2026-IRS-5EB92BC1IRS Rev. Proc. 2025-32 Verified
Gross Income$80,000
Taxable Income$80,000
Total Combined Tax$4,343
Effective Total Rate5.4%
Statutory Governing Authority: Virginia Department of Revenue Statutory Tax Code · Top Marginal Rate: 5.8% · Tax Foundation 2026 State Tax Rates & Brackets Report
Not tax, legal, or financial advice
FiscTalk provides general educational information from public sources. Your tax results depend on the full set of facts, your filing history, and the jurisdiction-specific rules that shift yearly. Before filing or making decisions, consult a licensed CPA, EA, or attorney. FiscTalk is not a fiduciary and is not affiliated with the IRS or any state agency.
Does Virginia have a state personal income tax in 2026?
Yes. Virginia operates a graduated personal income tax schedule with marginal brackets reaching up to 5.8%. Taxpayers must file an annual return if gross income exceeds statutory filing thresholds.
What is the 2026 individual income tax filing deadline for Virginia?
The regular filing deadline for Virginia individual income tax returns is May 1, 2026 (Unique Virginia statutory deadline). Taxpayers seeking an extension may receive up to 6 additional months to file, but any tentative tax due must be paid by the original deadline to prevent late-payment interest and statutory penalties.
How does Virginia treat remote workers and telecommuters?
Virginia taxes residents on all income. Virginia has reciprocal agreements with DC, Kentucky, Maryland, North Carolina, and West Virginia, exempting commuting cross-border workers.
Can small business owners in Virginia bypass the federal $10,000 SALT cap?
Virginia enacted an elective Pass-Through Entity Tax (PTET) at 5.75% (HB 1121), allowing business owners full federal tax relief.
Does Virginia impose a separate estate or inheritance tax?
Virginia has no state estate tax and no inheritance tax.
Source-verified — not professional advice
Every figure on this page is checked in-house against its primary source — IRS revenue procedures and publications, state Departments of Revenue, and the text of the underlying statute — before publication. Last reviewed 2026-10-20. The full source list is at the bottom of this page. If you spot an error, see our corrections & standards policy.
Not tax, legal, or financial advice
FiscTalk provides general educational information from public sources. Your tax results depend on the full set of facts, your filing history, and the jurisdiction-specific rules that shift yearly. Before filing or making decisions, consult a licensed CPA, EA, or attorney. FiscTalk is not a fiduciary and is not affiliated with the IRS or any state agency.