The Governor of Virginia signed a tax reform bill on February 15. Has TurboTax incorporated these changes in the 2018 Virginia tax return program?

Forum|Forum|7 years ago
June 6, 2019
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Best answer by DanielV01

This will be processed by the state itself. No adjustments are necessary in the Virginia return itself. The following is taken from the official law documents on Virginia's DOR website (and link provided below):

In addition, this legislation provides a refund of up to $110 for an individual or $220 for married persons filing a joint return. In order to receive a refund, taxpayers need to file a complete return for Taxable Year 2018 before July 1, 2019. A refund is allowed up to the amount of a taxpayer’s tax liability after the application of any deductions, subtractions, or credits to which the individual or married persons are otherwise entitled. Such refunds are required to be on or after October 1, 2019, but before October 15, 2019. (Bolding added) Taken from the following document: Tax Bulletin 19-1.

DanielV01Answer

Level 15

This will be processed by the state itself. No adjustments are necessary in the Virginia return itself. The following is taken from the official law documents on Virginia's DOR website (and link provided below):

In addition, this legislation provides a refund of up to $110 for an individual or $220 for married persons filing a joint return. In order to receive a refund, taxpayers need to file a complete return for Taxable Year 2018 before July 1, 2019. A refund is allowed up to the amount of a taxpayer’s tax liability after the application of any deductions, subtractions, or credits to which the individual or married persons are otherwise entitled. Such refunds are required to be on or after October 1, 2019, but before October 15, 2019. (Bolding added) Taken from the following document: Tax Bulletin 19-1.

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