Yes, but there are limits according to the Virginia Department of Taxation:
Any unused credit may be carried forward for the next 5 taxable years. In order to determine the amount that may be used as a basis for this credit, the individual must subtract any amount actually included as a deduction on Schedule A of the individual's federal income tax return. In addition, the individual may not claim this credit to the extent the premiums have been used to claim the Virginia deduction for long-term healthcare premiums. It may be possible, however, for an individual to claim this credit and the Virginia deduction in the same year.
NOTE: Carryovers are still allowed, but the actual credit has expired.
For more detail, please see the link below:
https://www.tax.virginia.gov/expired-or-repealed-credits
