Q. Is Virginia Adjusted Gross Income defined as income from Virginia source?
A. No.
Q. Or is Virginia Adjusted Gross Income defined as Federal Adjusted Gross Income with some minor addition or subtraction that's specific to VA
A. Yes. You exceed the $23,900 threshold and must file. Nonresidents with income (emphasis added) from Virginia sources are subject to the same filing requirements as residents. This means that the filing threshold for a nonresident is determined by Virginia adjusted gross income computed as a resident, including income from all sources. The filing threshold for a nonresident cannot be based solely (emphasis added) on income from Virginia sources.
If you did not have a net profit from your rental, you would not have to file because of a different rule.
You are not required to file if you don't owe any taxes and will not receive a refund. However, we (the state) periodically reviews and update our records to make sure that we have the correct return information on file. As a result, even if you didn't need to file a return for a given year, we may send you a letter later asking you to verify your Virginia adjusted gross income. (1-10-20)
