Instructions for Form 770 Virginia Fiduciary Income Tax Return - Virginia

Form 770 Virginia Fiduciary Income Tax Return - Virginia

This document contains official instructions for Form 770 , Virginia Fiduciary Income Tax Return - a form released and collected by the Virginia Department of Taxation. An up-to-date fillable Form 770 is available for download through this link.

FAQ

Q: What is Form 770?
A: Form 770 is the Virginia Fiduciary Income Tax Return.

Q: Who needs to file Form 770?
A: Fiduciaries or trustees who are required to file a federal fiduciary income tax return need to file Form 770 if they have income from Virginia sources.

Q: What is the purpose of Form 770?
A: The purpose of Form 770 is to report and pay Virginia income tax for estates and trusts.

Q: When is the deadline to file Form 770?
A: The deadline to file Form 770 is the same as the federal due date for fiduciary income tax returns, which is April 15th.

Q: Are there any extensions available for filing Form 770?
A: Yes, you can request an extension of time to file Form 770, but any tax due must still be paid by the original due date.

Q: What should I include when filing Form 770?
A: You should include all necessary schedules, attachments, and payment of any tax due when filing Form 770.

Q: Are there any penalties for late or incorrect filing of Form 770?
A: Yes, there may be penalties for late or incorrect filing of Form 770, including interest charges on any unpaid tax due.