Virginia Administrative Code
Title 23 - TAXATION
Agency 10 - DEPARTMENT OF TAXATION
Chapter 112 - DECLARATION OF ESTIMATED INCOME TAX BY INDIVIDUALS
Section 23VAC10-112-27 - Declarations of estimated tax; short taxable year; declaration requirement

Universal Citation: 3 VA Admin Code 10-112-27
Current through Register Vol. 41, No. 3, September 23, 2024

A separate declaration must be filed where a return is required for a period of less than 12 months, unless the short period is less than four months or the requirements to file are first met after the first day of the last month in the short taxable year. In the case of a decedent, no declaration need be filed after the date of death. The decedent's estate, however, may be liable to file a declaration of estimated tax.

For the purpose of determining whether a declaration must be filed for a short taxable period which results from a change in annual accounting period, the tax for the short period shall be placed on an annual basis by multiplying the amount thereof by 12 and dividing the result by the number of months in the short period.

Statutory Authority

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

Disclaimer: These regulations may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.