VA State Income Tax Question for Retiree over 67 in 2027 with US Treasury Bond Interest Income, Social Security and Private Pension Only

[sbansban]

I am trying to find out how much I will owe in VA state taxes after retirement at 67 in the year 2027. I know that VA will not tax my social security benefits which I estimate will amount to $39,720 per year. I also expect interest income from US treasury bonds (which are exempt from VA state income taxes) to the tune of around $50,000 per year. My only other source of income will probably be a retirement pension of $8122 per year. Since VA does not tax any income up to $12,000 for those 65 and over, will I have nothing to pay in VA state income taxes because only my pension ($8,122 per year) will be taxable and that will be below $12,000 per year and the Social Security and US Treasury interest income will not be included in my income for VA state income tax purposes?

[Critter-3]

Your question is the answer ... if you are below the filing requirement for VA then you will not have to file a VA return and you will own nothing.  So don't have any VA withholding.

[sbansban]

Thank you!!