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A. Generally. Except as otherwise provided, the department must assess any tax deficiency within three years from the date the tax was due and payable. See § 58.1-104 of the Code of Virginia.
filing penalty. The penalty is 6% of the tax due for every month or a part of a month that the return is late. The maximum penalty is 30% of the tax due. There is no minimum late penalty and no late filing penalty is assessed on zero balance or refund returns.
The Virginia Tax Relief Refunds are the result of state legislation passed by the 2019 Virginia General Assembly in response to the federal Tax Cuts and Jobs Act. Eligible taxpayers may receive up to $110 for individual filers and up to $220 for a married couple filing jointly.
Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and refundable credits, or if they paid withholding and estimated tax of at least 90% of the tax for the current year or 100% of the tax shown on the return for the prior year, whichever is ...
Many Americans may receive an extra refund this fall from the Internal Revenue Service. Those who were assessed a late penalty on their ... Many Americans may receive an extra refund this fall from the Internal Revenue Service.

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The 2022 Virginia General Assembly passed a law earlier this year giving taxpayers with a liability a rebate of up to $250 for individual filers and up to $500 for joint filers.
For tax years beginning on or after January 1, 2021, Virginia now fully conforms to the federal treatment by allowing 100% of the related expense deduction of forgiven PPP loans.
If your Virginia Adjusted Gross Income (VAGI) is under the amounts listed according to your filing status below; you do not have to file a Virginia return, except to receive a refund of any Virginia Income tax withheld. You must file if you are: Single and your VAGI is $11,950 or more.
Should you file if you owe nothing? You are not required to file if you don't owe any taxes and will not receive a refund. However, we periodically review and update our records to make sure that we have the correct return information on file.
The 2022 Virginia General Assembly passed a law earlier this year giving taxpayers with a liability a rebate of up to $250 for individual filers and up to $500 for joint filers.

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