Virginia 502w 2025

Show details

4.4 out of 5

215 votes

The document outlines the requirements for pass-through entities (PTEs) in Virginia regarding withholding tax payments for nonresident owners. It specifies that PTEs must electronically submit returns and payments, detailing the withholding rate of 5% on taxable income allocated to nonresidents. The document provides instructions for electronic payment methods, filing deadlines, exemptions from withholding, and penalties for late payments or filings. Additionally, it includes guidelines for claiming exemptions and necessary documentation.

Here's how it works

01. Edit your virginia 502w online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact Virginia 502w online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for changing your documents online. Adhere to this simple instruction to edit Virginia 502w in PDF format online free of charge:

Sign up and sign in. Register for a free account, set a strong password, and go through email verification to start working on your templates.
Upload a document. Click on New Document and select the file importing option: upload Virginia 502w from your device, the cloud, or a protected link.
Make changes to the sample. Take advantage of the top and left panel tools to modify Virginia 502w. Insert and customize text, images, and fillable areas, whiteout unnecessary details, highlight the significant ones, and comment on your updates.
Get your documentation accomplished. Send the form to other people via email, create a link for faster file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the advantages of our editor right now!

See more virginia 502w versions

We've got more versions of the virginia 502w form. Select the right virginia 502w version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.8 Satisfied (59 Votes)
2022	4.8 Satisfied (56 Votes)
2021	4.9 Satisfied (35 Votes)
2020	4.4 Satisfied (215 Votes)
2019	4.3 Satisfied (136 Votes)
2018	4.4 Satisfied (252 Votes)
2011	4.3 Satisfied (162 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the Virginia state withholding tax?

Withholding Formula (Effective Pay Period 08, 2024) If the Amount of Taxable Income Is:The Amount of Virginia Tax Withholding Should Be: Over $0 but not over $3,000 2.0% Over $3,000 but not over $5,000 $60.00 plus 3% of excess over $3,000 Over $5,000 but not over $17,000 $120.00 plus 5% of excess over $5,0001 more row May 31, 2024

How many Virginia state troopers are there?

Virginia State Police Virginia Department of State Police General nature Civilian police Operational structure Headquarters North Chesterfield, Virginia Troopers Special Agents 2,118 (as of 2018)25 more rows

What is the Virginia state withholding percentage?

Virginia tax brackets: Income*Tax rateOf excess over 0 to $3,000 2 percent Over $3,000 to $5,000 $60 + 3 percent $3,000 Over $5,000 to $17,000 $120 + 5 percent $5,000 Over $17,000 $730 + 5.75 percent $17,000 Feb 23, 2025

What is the VA 502 nonresident withholding?

The PTE is required to withhold 5% of the share of taxable income from Virginia sources that is allocable to each nonresident owner. The amount of withholding tax may be reduced by any tax credits that were earned by the PTE and allowable by the Code of Virginia that pass through to nonresident owners.

What is the tax rate for an LLC in Virginia?

Virginia has a 6.0 percent corporate income tax rate. Virginia also has a 4.30 percent state sales tax rate, a 1 percent mandatory, statewide, local add-on sales tax rate, and an average combined state and local sales tax rate of 5.77 percent.

What is the rate for federal withholding?

Calculating Your Withholding Tax Marginal Tax Rates for 2024 10% $11,600 or less $23,200 or less 12% $11,601 to $47,150 $23,201 to $94,300 22% $47,151 to $100,525 $94,301 to $201,050 24% $100,526 to $191,950 $201,051 to $383,9004 more rows

What is VA form 502W?

Form 502W - Virginia Pass-Through Withholding Tax Payment.

Virginia 502w 2025

Here's how it works