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To report unemployment compensation on your 2021 tax return: Enter the unemployment compensation amount from Form 1099-G Box 1 on line 7 of Schedule 1, (Form 1040), Additional Income and Adjustments to Income PDF. Enter the amount of tax withheld from Form 1099-G Box 4 on line 25b of your Form 1040 or Form 1040-SR.
The Employer Quarterly FC20/21 eForm is essential for employers in Virginia to report quarterly tax information. This eForm allows quick and easy submission, facilitating tax payment without additional fees. It caters to businesses of all sizes, ensuring compliance with state requirements.
Virginia State Unemployment Insurance (SUI) Virginia SUI Tax Details Taxable Wage Base$8,000 Employee Subject to Tax No Rates for Experienced Employers 0.1% - 6.2% Rates for New Employers 2.5%2 more rows Jan 9, 2025
If you are a resident of a reciprocity state, accept employment in Virginia, and meet the criteria for exemption, complete Form VA-4 to certify your exemption and give the form to your employer. You will need to re-certify your exemption every year.
FORM VA-4 INSTRUCTIONS Use this form to notify your employer whether you are subject to Virginia income tax withholding and how many exemptions you are allowed to claim. You must file this form with your employer when your employment begins.
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Underpayment of estimated income tax An addition to tax is imposed by law if at least 90% (66 2/3% if you are a farmer, fisherman, or merchant seaman) of your total tax liability is not paid throughout the year by timely withholding and/or installments of estimated tax except in certain situations.
The Virginia Employment Commissions Employers Quarterly Tax Report (FC-20) is essential for employers to report taxes. This form ensures compliance with unemployment insurance tax regulations. Fast and secure filing options are available online.
VEC offers several ways to file your unemployment insurance tax reports and pay your unemployment insurance taxes. eForms FC20/21 Quarterly Reports. Web Upload. Business iFile (aka Employer Self Service)

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