2025 Virginia Tax Brackets. Governor youngkin unveils a new tax plan for virginia. Accordingly, the virginia rates for the first quarter of 2025 will be 10% for tax underpayments (assessments) and 10% for tax overpayments (refunds).
Marginal tax rate 22% effective tax rate 10.94% federal income tax. Given that the state adheres strictly to the federal income tax system and does not levy its own income tax, these tables are the primary, and indeed only, guide to your income tax calculations for virginia in 2025.
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For tax years beginning on and after january 1, 2022, but before january 1, 2025 (previously, january 1, 2026), the standard deduction is $8,000.
Current And Proposed Individual Income Tax Rates In Virginia.
If you earn an income in.
The Amt Exemption Amount For 2025 Is $85,700 For Singles And $133,300 For Married.
Virginia income tax brackets for 2025.
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Current And Proposed Individual Income Tax Rates In Virginia.
If your virginia taxable income is:
The Government Is Cutting The Main.
Here, you will find a comprehensive list of income tax calculators, each tailored to a specific year.
Tax Rate Paid By Individuals, Personal Representatives (Prs) And Trusts For Disabled:
Expected virginia adjusted gross income subject to tax in 2025 (includes the age deduction plus.