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New Member
posted Jul 14, 2024 9:41:31 AM

If i don't have a 2022 tax liability why do i have to file 760c?

I received a refund?

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1 Replies
Employee Tax Expert
Jul 15, 2024 12:25:38 PM

Form 760C is required to be filed in Virginia if your tax is underpaid during any estimated tax installment due date, unless your overall tax liability for 2023 is $150 or less.  This is true even if you have a refund when you file your tax return.  Please see 2022 Instructions for Form 760C for more details.

 

Why am I getting an underpayment penalty if I'm getting a refund?