This version of the form is not currently in use and is provided for reference only. Download this version of Form 500C for the current year.
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.
Q: What is Form 500C?
A: Form 500C is a tax form used for reporting underpayment of estimated tax by corporations in Virginia.
Q: Who needs to file Form 500C?
A: Corporations in Virginia who have underpaid their estimated tax must file Form 500C.
Q: What is the purpose of filing Form 500C?
A: The purpose of filing Form 500C is to report and calculate the underpayment of estimated tax by corporations and pay any additional tax due.
Q: When is Form 500C due?
A: Form 500C is due on or before the original due date of the corporation's annual income tax return.
Q: What are the consequences of not filing Form 500C?
A: Failure to file Form 500C or pay the underpayment penalty may result in interest charges and penalties.
Form Details:
Download a fillable version of Form 500C by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.