Form 763 2025

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File Form 763, the nonresident return, to report the Virginia source income received as a nonresident.
A. An exemption or deferral enacted pursuant to 58.1-3210 or 58.1-3211.1 may be granted for any year following the date that the qualifying individual occupying such dwelling and owning title or partial title thereto reaches the age of 65 years or for any year following the date the disability occurred.
Virginia does impose a tax on retirement income. However, you can take an Age Deduction of up to $12,000, if you qualify. The age deduction depends on your age, filing status, and income.
Age Deduction Virginia offers qualifying individuals ages 65 and older a subtraction that reduces the amount of their income subject to Virginia income tax: If you were born on January 1, 1939, or earlier, you can subtract $12,000.
The claim form, BOE-261-G, Claim for Disabled Veterans Property Tax Exemption, must be obtained from your local county assessors office and may be available on their website. You may find your assessors contact information by visiting the Listing of County Assessors page.
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Youre required to file a tax return, regardless of your age, as long as you meet the IRSs gross income filing requirements. Social Security income could be taxable, when your income is above what is considered the base amount. The IRS offers an additional standard deduction amount for taxpayers who are 65 and older.
Nonresidents of Virginia must file a Form 763. (A person is considered a nonresident of Virginia if they lived in Virginia for less than 183 days in a calendar year). An instruction booklet with return mailing address is also available on the website. Part-Year Residents of Virginia file a Form 760PY.
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.

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