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P.O. Box 1115
Richmond, Va. 23218-1115
(804) 367-8031 (Individual)
(804) 367-8037 (Business)
 
 
October 2014 e-Alerts Digest         INDIVIDUAL INCOME TAX

 

The automatic six-month extension to file Individual Income Tax returns for the 2013 taxable year ends on Nov. 3, 2014 for calendar year filers. To take advantage of Virginia's automatic extension, the return must be filed on or before the end of the extension period. Please bear in mind that the extension penalty may apply to returns that were filed during the extension period if less than 90 percent of the return's total tax liability was paid by the original due date. 

 

For more details regarding extensions and penalties that may apply to Individual Income Tax returns, visit the Department's Individual Income Tax Information web page or review the instructions for your form type.

 

Notice of Withholding Due Date Change for Employerstwo

The due date for filing the Employer's Annual or Final Summary of Virginia Income Tax Withheld return (Form VA-6), Household Employer's Annual Summary of Virginia Income Tax Withheld return (Form VA-6H), and required wage statements (Forms W-2 and 1099) has been changed from Feb. 28 to Jan. 31. 

 

By law, a return due on a Saturday, Sunday or legal holiday becomes due the next business day. Because Jan. 31, 2015 is a Saturday, the actual due date for the annual withholding forms and wage statements described above will be Monday, Feb. 2, 2015.

 

The Virginia General Assembly approved the due date change during the 2014 session to allow for faster and more secure processing of individual income tax refunds.

 

Please note:  If a business closes its withholding tax account before the end of the year, the employer must file Form VA-6 or VA-6H and the required wage statements within 30 days of the last month in which wages were paid.  Employers are required to submit all withholding returns and W-2 wage statements electronically.

 

For electronic filing and payment options, please see the Department of Taxation's Business Online Services page.


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