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This version of the form is not currently in use and is provided for reference only. Download this version of
Form 760C
for the current year.
Form 760C Underpayment of Virginia Estimated Tax by Individuals, Estates and Trusts - Virginia
What Is Form 760C?
This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form 760C?A: Form 760C is a form used by individuals, estates, and trusts in Virginia to report and pay any underpayment of estimated tax.
Q: Who needs to file Form 760C?A: Individuals, estates, and trusts who have underpaid their estimated tax in Virginia need to file Form 760C.
Q: What are estimated taxes?A: Estimated taxes are periodic tax payments that individuals, estates, and trusts need to make to the Virginia Department of Taxation to cover their tax liability.
Q: How do I determine if I have underpaid my estimated tax?A: You may have underpaid your estimated tax if the total amount of tax withheld from your income, including any estimated tax payments made, is less than 90% of the tax liability for the current tax year.
Q: When is Form 760C due?A: Form 760C is generally due on or before the original due date of the Virginia income tax return, which is May 1st of the following tax year.
Q: What happens if I don't file Form 760C?A: If you don't file Form 760C and pay the underpayment of estimated tax by the due date, you may be subject to penalties and interest charges.
Form Details:
- Released on December 1, 2020;
- The latest edition provided by the Virginia Department of Taxation;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form 760C by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.
Download Form 760C Underpayment of Virginia Estimated Tax by Individuals, Estates and Trusts - Virginia
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