Form 500CP Corporate Income Tax Automatic Extension Payment 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 the Corporate Income Tax Automatic Extension Payment Voucher used in the state of Virginia.

Q: What is the purpose of Form 500CP?
A: The purpose of Form 500CP is to make a payment for a corporate income tax extension in Virginia.

Q: When is Form 500CP used?
A: Form 500CP is used when a corporation in Virginia needs to request an automatic extension for filing their corporate income tax return.

Q: What information is required on Form 500CP?
A: Form 500CP requires the corporation's name, address, federal employer identification number (FEIN), tax year, and the estimated amount of tax owed.

Q: Is there a fee for filing Form 500CP?
A: No, there is no fee for filing Form 500CP.

Q: What is the deadline for filing Form 500CP?
A: Form 500CP must be filed by the original due date of the corporate income tax return, which is usually the 15th day of the fourth month after the close of the tax year.

Q: What happens after filing Form 500CP?
A: After filing Form 500CP and making the necessary payment, the corporation will receive an automatic extension for filing their corporate income tax return.

Q: Can Form 500CP be used for personal income tax extensions?
A: No, Form 500CP is specifically for corporate income tax extensions in Virginia. Personal income tax extensions have a different form and process.