Virginia

What options are available to pay Virginia tax due?

Explore Various Payment Methods for Your Virginia Tax Obligations

BS

Business Tax Specialist

Tax Expert

3 min read
Published on 4 months ago
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What Options Are Available to Pay Virginia Tax Due?

When filing your Virginia individual income tax return, you may be required to pay a balance due. The Virginia Department of Taxation provides several options for payment, depending on the form you are filing and the timing of your return.

Payment Methods by Form Type

  • Form 760 (Resident Individual Income Tax Return): You must pay any balance due by the due date. Payment must be enclosed with the form when filed. Make checks or money orders payable to the Virginia Department of Taxation.
  • Form 760PY (Part-Year Resident Individual Income Tax Return): Similar to Form 760, payment must be included with the return. Late payments incur penalty and interest.
  • Form 763 (Non-Resident Individual Income Tax Return): Payment is required if you owe tax. The amount due is calculated based on Virginia taxable income and tax liability.
  • Form CU-7 (Virginia Use Tax Return): Payment must be enclosed with the form. Late payments result in penalties and interest.

Payment Instructions

Payment must be made by the due date of your return. If you are filing electronically, payment can often be made through the e-filing system. For paper filings, include your payment with the return. Ensure your check or money order is made payable to the Virginia Department of Taxation.

Additional Resources

For more information on Virginia tax forms and payment options, visit the official Virginia Department of Taxation website. You can also contact them directly for assistance.

Source:
Form CU-7 (Virginia Consumer’s Use Tax Return for Individuals)
Form 760PY (Part-Year Resident Individual Income Tax Return)
Form 763 (Non-Resident Individual Income Tax Return)
Form 760 (Resident Individual Income Tax Return)

Disclaimer: Always verify information with official Federal or State Department of Revenue Forms and Instructions.

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Key Takeaways

  • Understanding tax deductions can significantly reduce your tax liability
  • Keep detailed records of all tax-related expenses and documents
  • Consult with a tax professional for complex situations

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