Virginia law like Federal law, provides for an extension of time to file your income tax return. An extension does not grant you extra time to pay your taxes; it provides an extension for preparing and filing a correct and completed return.
Beginning January 1, 2005, taxpayers may elect a 6 month extension of time to file an income tax return without submitting a paper extension request. The penalty for failing to pay at least 90% of the tax due by the original due date has increased from 0.5% per month to 2% per month of the underpayment amount.
Extensions are invalid for returns filed more than 6 months after the due date. A late filing penalty of 30% will apply.
Form 760IP must be filed with any payments due by May 1
You may obtain this form from the Commissioner of the Revenue's office or you may email your request to the State Income Department. You may also download the form from the Virginia Department of Taxation's website.
You should mail your completed extension form with any necessary payment to:
Philip J. Kellam
Commissioner of the Revenue
2401 Courthouse Dr.
Virginia Beach, VA 23456
Hours of Operation: Monday - Friday, 8 a.m. - 5 p.m.