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What is the Virginia tax amendment form?

To amend an accepted Virginia State Income Tax Return for the 2024 or previous tax year you will need to complete Form 760. In comparison, the IRS requires a different Form - Form 1040X -to amend an IRS return (do not use Form 1040 for an IRS Amendment).

What happens when you amend your taxes?

When you amend a tax return, it can take up to 16 weeks to process even if you e-file. If you file an amended return, you should still get the refund figured on the original return. Then, if your refund is larger due to the change, youll get the difference between the original and amended amounts.

Can you amend just your state tax return?

If you amend your federal return, the changes will automatically be transferred to your state tax return. If you need to amend your state tax return only, select your product below and follow the instructions. Go to the Amend screen. Select Amend (change) return, then Amend using TurboTax Online.

What is the Virginia tax extension form?

Form 760IP, Automatic Extension Payment, is a payment coupon and worksheet that provides taxpayers who are unable to file their individual income tax return by May 1 a means of calculating and remitting a payment to avoid penalty and interest.

Can you file a Virginia amended return electronically?

You can file your amended return electronically, or on paper. If you file electronically, follow the instructions for your software provider. In either case, make sure to indicate that its an amended return before filling it out.

What does it mean when your amended return was adjusted?

What is happening when my amended returns status shows as adjusted? An adjustment was made to your account. The adjustment will result in a refund, balance due or in no tax change.

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