Form 500CP Virginia Corporate Income Tax Automatic Extension Voucher - Virginia

What Is Form 500CP?

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 500CP?
A: Form 500CP is a Virginia Corporate Income Tax Automatic Extension Voucher.

Q: What is the purpose of Form 500CP?
A: The purpose of Form 500CP is to request an automatic extension of time to file the Virginia Corporate Income Tax Return.

Q: Who needs to file Form 500CP?
A: Any corporation that is unable to file their Virginia Corporate Income Tax Return by the original due date may need to file Form 500CP to request an extension.

Q: Is there a deadline to file Form 500CP?
A: Yes, Form 500CP must be filed by the original due date of the Virginia Corporate Income Tax Return.

Q: How long does the extension last?
A: If approved, the automatic extension provided by filing Form 500CP allows for an additional 6 months to file the Virginia Corporate Income Tax Return.

Q: Are there any fees associated with filing Form 500CP?
A: No, there are no fees associated with filing Form 500CP.

Q: Can I e-file Form 500CP?
A: No, Form 500CP must be filed by mail and cannot be e-filed.

Q: What happens if I don't file Form 500CP?
A: If you don't file Form 500CP and fail to file the Virginia Corporate Income Tax Return by the original due date, you may be subject to penalties and interest.

Q: Can I still pay my taxes after filing Form 500CP?
A: Yes, even if you file Form 500CP and receive an extension, any tax liability must still be paid by the original due date to avoid penalties and interest.