Tax & Financial News

VA Filing and Payment Deadlines

Virginia’s filing deadline is June 1, 2020 and the payment deadline has been extended to June 1, 2020. Late payment penalties will not be charged if payment is made by June 1, 2020. However, interest will still accrue starting May 1, so if you can pay earlier, you should. (Note: Interest is required by law, so VA is not able to waive it.)

Virginia Code § 58.1-15 provides that the underpayment rate for Virginia taxes will be 2% higher than the corresponding federal rate and the overpayment rate for Virginia taxes will be 2% higher than the federal overpayment rate for noncorporate taxpayers. Accordingly, the Virginia rates for the first quarter of 2019 will be 8% for tax underpayments (assessments) and 8% for tax overpayments (refunds).

For Virginia filing and payment information:

Leesburg Office    5 Loudoun St. SW Ste. B Leesburg, VA 20175           Phone 703.771.1818  Fax 703.777.5708 

Warrenton Office  10 Rock Pointe Lane Ste. 3 Warrenton, VA 20186        Phone 540.347.5681  Fax 540.347.3353