DaveF1006
Expert Alumni

State tax filing

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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