Virginia Income Subtractions
Does Turbo Tax automatically subtract or deduct Social Security Income that is taxable at the federal level from the total Virginia Gross Income?
Does Turbo Tax automatically subtract or deduct Social Security Income that is taxable at the federal level from the total Virginia Gross Income?
Yes, TurboTax automatically subtracts the Social Security income from federal Form 1040, line 5b on the Virginia return (Form 760 Line 5).
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