Every resident income earner of Virginia is subject to the State Individual Income Tax. This means that the individual's entire income is subject to compliance with established tax codes whether it comes from within Virginia or from outside sources. Individual State Income Taxes are due to the Commissioner of the Revenue on or before May 1 of each year.
State Income Tax Processing
The ultimate responsibility of the Income Tax Processing Division is to screen, review, and process all incoming State Income Tax Returns. Upon receipt of the return, the staff within the department separate the returns by many criteria. All refunds and tax due returns are processed daily. The returns are sorted, counted and packed for shipment to the Department of Taxation in Richmond. Proper reports are prepared and are submitted to the Treasurer with payments.
This program is carried out by the Commissioner of Revenue through online access to the Virginia Department of Taxation. A Virginia resident who meets certain criteria has the option to request a speedy refund, usually 5-7 days.
State Income Tax Auditing and Taxpayer Assistance
The functions in this area revolve around the preparation and assistance of tax returns for the public. The Commissioner's Office provides taxpayer assistance by phone and for those who come into the office. Tax returns are actually prepared for many elderly taxpayers. In addition to providing assistance to taxpayers by phone and in person, the office is charged with holding returns and notifying the taxpayer when the return is rejected due to incomplete or incorrect information on the return. Our online access aids with taxpayer inquiries and allows the Commissioner of Revenue to handle taxpayer referrals that otherwise would have to be handled by the Department of Taxation.
Estimated Virginia Income Tax
The Office also handles the processing of all initial estimated income tax payments. Estimated payments are transmitted to the Treasurer and reports are compiled weekly and monthly.
Community Services As It Relates to State Income Tax
Also handled by the Office are all prior year and amended returns. The Commissioner of the Revenue's Office provides a most valuable service to taxpayers by preparing and providing taxpayer assistance that could not otherwise be provided by the Commonwealth of Virginia. The taxpayer depends on the service and uses it. This enables the locality to catch errors and to assist in the reduction of errors before the return reaches the Commonwealth of Virginia. Close contact is kept between office personnel and most all local C.P.A's and tax practitioner's offices when assistance is needed in processing or correcting taxpayers returns.
For more information, contact 540-422-8163.