what is what is form 760c

[Mike9241]

Underpayment of Virginia Estimated 2024 Tax by Individuals, Estates, and Trusts

[DaveF1006]

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.

[Whatareyoudoing]

What do I put on line 3 for Virginia form 760C?

[LenaH]

Your Income Tax Liability After Spouse Tax Adjustment and Tax Credits would be Line 18 minus the sum of Lines 23-25 from your 2023 Form 760. 

@Whatareyoudoing 

[battleair29]

What if you did not file a 706C for 2023, but  I am being asked to provide “2023 Income Tax Liability after Spouse Tax Adjustment and Tax Credits” Line 3 in order to complete my 2024 taxes.

[MaryK4]

If you did not make estimated payments, you can enter zero OR just continue and leave it blank.  If this does not work, please post again here.