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March 7, 2025
Question

what is what is form 760c

  • March 7, 2025
  • 2 replies
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    2 replies

    March 7, 2025

    Underpayment of Virginia Estimated 2024 Tax by Individuals, Estates, and Trusts

    DaveF1006
    March 7, 2025

    Form 760C is used in Virginia to calculate and report any underpayment of estimated taxes by individuals, estates, and trusts. Virginia law requires taxpayers to pay their income tax throughout the year via withholding or estimated payments. If you don't pay at least 90% of your tax liability through these methods, you may need to file Form 760C to determine if you owe an additional penalty for underpayment.

     

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    March 13, 2025

    What do I put on line 3 for Virginia form 760C?

    LenaH
    March 14, 2025

    Your Income Tax Liability After Spouse Tax Adjustment and Tax Credits would be Line 18 minus the sum of Lines 23-25 from your 2023 Form 760. 

     

    @Whatareyoudoing 

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