Form 760ES Virginia Estimated Income Tax Payment Vouchers for Individuals - Virginia

What Is Form 760ES?

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 760ES?
A: Form 760ES is a tax payment voucher for individuals in Virginia to make estimated income tax payments.

Q: Who needs to use Form 760ES?
A: Form 760ES is used by individuals in Virginia who need to make estimated income tax payments.

Q: What are estimated income tax payments?
A: Estimated income tax payments are payments made throughout the year to cover a person's anticipated tax liability.

Q: Why do I need to make estimated income tax payments?
A: You may need to make estimated income tax payments if you expect to owe a certain amount of tax at the end of the year and want to avoid penalties and interest on underpayment.

Q: When are estimated income tax payments due?
A: The due dates for estimated income tax payments vary, but generally they are due quarterly throughout the year. Check the instructions on Form 760ES for specific due dates.

Q: Are there penalties for not making estimated income tax payments?
A: Yes, if you are required to make estimated income tax payments and fail to do so, you may be subject to penalties and interest on underpayment.

Q: Do I need to include a payment voucher with my estimated tax payment?
A: Yes, you should include a completed Form 760ES payment voucher with your estimated tax payment.