LIS

Administrative Code

Creating a Report: Check the sections you'd like to appear in the report, then use the "Create Report" button at the bottom of the page to generate your report. Once the report is generated you'll then have the option to download it as a pdf, print or email the report.

Virginia Administrative Code
Title 23. Taxation
Agency 10. Department of Taxation
Chapter 112. Declaration of Estimated Income Tax by Individuals
11/23/2024

23VAC10-112-21. Declarations of estimated tax; contents of declaration.

In the declaration required under 23VAC10-112-20, the individual shall state:

1. The amount which he estimates as the amount of individual income tax for which he will be liable for the taxable year;

2. The amount, if any, which he estimates will be withheld from wages for the taxable year as required by § 58.1-460 et seq. of the Code of Virginia;

3. The excess of the amount estimated under subdivision 1 of this section over the amount estimated under subdivision 2 of this section shall be considered the estimated tax for the taxable year to be paid by the individual as hereinafter provided; and

4. Such other information as may be required by the Commissioner. Form 760ES is currently in use for this purpose.

Statutory Authority

§§ 58.1-203 and 58.1-490 of the Code of Virginia.

Historical Notes

Derived from VR630-2-490.2 § 2; adopted September 19, 1984, eff. January 1, 1985; amended, eff. February 1, 1989, but retroactive in effect for taxable years beginning on and after January 1, 1987.

Website addresses provided in the Virginia Administrative Code to documents incorporated by reference are for the reader's convenience only, may not necessarily be active or current, and should not be relied upon. To ensure the information incorporated by reference is accurate, the reader is encouraged to use the source document described in the regulation.

As a service to the public, the Virginia Administrative Code is provided online by the Virginia General Assembly. We are unable to answer legal questions or respond to requests for legal advice, including application of law to specific fact. To understand and protect your legal rights, you should consult an attorney.