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What is it? An income tax credit equal to 15% of your federal Earned Income Tax Credit. The credit is refundable. The credit will be available beginning with your 2022 Virginia income tax return (usually filed during 2023).
Virginia Code 58.1-332 A allows Virginia residents a credit on their Virginia individual income tax return for income taxes paid to another state provided the income is either earned or business income or gain from the sale of a capital asset, derived from sources outside Virginia, and subject to Virginias income
With California a reverse-credit state, Indiana residents included in a California composite return pay the highest marginal tax rate on their California source income while receiving no credit for that tax on their Indiana income tax return, effectively paying a state income tax rate of 16.6% on their California
You may claim this credit if you had income that was taxed by California and another state. The credit will offset the taxes paid to the other state, so you are not paying taxes twice. This credit applies to: Individuals.
You will be eligible for this credit only if the income that you paid taxes on to one of these states is also taxed by Virginia. You can only claim the credit for income tax that you paid to another state on qualifying income which is: earned income. business income.
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The California ERC Program is a valuable tax credit you can claim. This is money you have already paid to the IRS and the State of California in payroll taxes for your W2 employees.
Age 65 or over: Each filer who is age 65 or over by January 1 may claim an additional exemption. When a married couple uses the Spouse Tax Adjustment, each spouse must claim his or her own age exemption. Blindness: Each filer who is considered blind for federal income tax purposes may claim an additional exemption.
You are liable to pay Virginia income tax as a nonresident on income you earn from any business, trade, profession, or occupation in Virginia. To report this income, file Form 763.
You may claim this credit if you had income that was taxed by California and another state. The credit will offset the taxes paid to the other state, so you are not paying taxes twice. This credit applies to: Individuals.
North Carolina does not practice reciprocity with Virginia concerning the income taxation of nonresidents.

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