Schedule 500A Multistate Corporation Allocation and Apportionment of Income - Virginia

What Is Schedule 500A?

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 Schedule 500A?
A: Schedule 500A is a form used to allocate and apportion income for multistate corporations in Virginia.

Q: Who needs to file Schedule 500A?
A: Multistate corporations operating in Virginia need to file Schedule 500A.

Q: What is the purpose of Schedule 500A?
A: The purpose of Schedule 500A is to determine how much of a multistate corporation's income is attributable to Virginia for tax purposes.

Q: What information is required on Schedule 500A?
A: Schedule 500A requires information about the corporation's total income, as well as details about the corporation's business activities in Virginia and other states.

Q: When is the deadline to file Schedule 500A?
A: The deadline to file Schedule 500A is generally the same as the deadline for the corporation's income tax return, which is usually due on the 15th day of the 4th month following the close of the tax year.