Instructions for Form 500 Virginia Corporation Income Tax Return - Virginia

Form 500 Virginia Corporation Income Tax Return - Virginia

This document contains official instructions for Form 500 , Virginia Corporation Income Tax Return - a form released and collected by the Virginia Department of Taxation. An up-to-date fillable Form 500 is available for download through this link.

FAQ

Q: What is Form 500?
A: Form 500 is the Virginia Corporation Income Tax Return.

Q: Who needs to file Form 500?
A: Virginia corporations that have income derived from or connected with Virginia or have an income tax liability to Virginia are required to file Form 500.

Q: What information is required on Form 500?
A: Form 500 requires information about the corporation's income, deductions, credits, and tax payments.

Q: When is Form 500 due?
A: Form 500 is generally due on or before the 15th day of the 4th month following the close of the corporation's tax year.

Q: Are there any extensions available for filing Form 500?
A: Yes, corporations can request an extension of time to file Form 500 by filing Form 500E.

Q: Is there any payment required with Form 500?
A: Yes, corporations must pay any tax liability owed with the filing of Form 500.

Q: What should I do if I have questions about Form 500?
A: If you have questions about Form 500, you should contact the Virginia Department of Taxation for assistance.