Virginia Social Security and $12K Tax Exemption for filers over age 65

Forum|Forum|4 years ago
March 6, 2022
1 reply
9 views

I know about the Social Security exemption in Virginia, but just read in "Science A2Z" about a $12k exemption for filers over age 65. I can see the "Social Security subtraction" from Fed Adj Gross Income (**bleep**I) on my Turbo Tax Virginia tax return, but do not see the $12K exemption anywhere. Is there no such thing as a $12K exemption over 65 in Virginia? ...or do I just not see it on my Turbo Tax-prepared Virginia tax return?

AnnetteB6

Level 15

The age-related deduction for Virginia income tax returns is shown on line 4 of your Virginia tax return.

There is a worksheet in the 2021 Form 760 Resident Individual Income Tax Instructions for Virginia on page 9 that you can use to calculate the deduction for your return. Or, you can go to the following link to enter your information and see what your deduction would be:

Age Deduction Calculator

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