Virginia Automatic Extension Reminder: Virginia law provides for an automatic six-month extension from the original due date for filing for individual taxpayers, corporations filing Form 500, and pass-through entities filing Form 502. To take advantage of the automatic extension, the return must be filed on or before the end of the extension period. Please note: The automatic extension does not allow for additional time to pay any balance of tax due. Penalty and/or interest may apply to returns with a tentative tax due that was not paid by the original due date for filing the return. Also, 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.

Corporation Income Tax Electronic Filing Mandate Reminder: All taxpayers who are subject to the Corporation Income Tax must file their estimated tax payments, annual income tax returns, and final payments electronically. If this requirement imposes an undue hardship on a taxpayer, the taxpayer may request a waiver from the Tax Commissioner. Taxpayers seeking a waiver of the requirement to file and/or pay electronically because of undue hardship should submit the  Virginia Corporation Electronic Filing Waiver Request form.

Pass-through Entity Electronic Filing Mandate Reminder: Beginning Jan. 1, 2015, an additional electronic filing mandate takes effect. The mandate applies to pass-through entity returns (Form 502), related schedules (including VK-1s), and payments. The mandate impacts all future returns beginning with returns for taxable year 2014. Pass-through entities that are seeking a waiver of the requirement to file and/or pay electronically because of undue hardship should submit the Virginia Pass-Through Entity Electronic Filing Waiver Request form.

Remember: It is very important that the department maintains accurate information regarding taxpayer businesses. Many tax account updates can be performed through our Business iFile system. Visit the Online Services FAQ webpage for information on what updates taxpayers can make through Business iFile.