Form 760F Underpayment of Virginia Estimated Tax by Farmers, Fishermen and Merchant Seamen - Virginia

What Is Form 760F?

This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 760F?
A: Form 760F is a tax form used by farmers, fishermen, and merchant seamen in Virginia to report any underpayment of their estimated state taxes.

Q: Who should use Form 760F?
A: Form 760F should be used by farmers, fishermen, and merchant seamen in Virginia who have underpaid their estimated state taxes.

Q: What is the purpose of Form 760F?
A: The purpose of Form 760F is to report and calculate the amount of underpayment of estimated state taxes by farmers, fishermen, and merchant seamen in Virginia.

Q: When is Form 760F due?
A: Form 760F is typically due on the same date as the individual income tax return, which is usually April 15th, unless an extension has been granted.

Q: Are there any penalties for underpayment of estimated taxes?
A: Yes, taxpayers who underpay their estimated state taxes may be subject to penalties and interest on the amount owed.