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Virginia Tax Guide: What You’ll Pay in 2025 - AARP States Virginia has a graduated income tax, with four tax brackets Rates start at 2 percent and max out at 5 75 percent Average property tax rates vary widely across Virginia The average tax bill was $1,893 in 2022, or 0 72 percent of a home’s assessed value, according to the Tax Foundation
Virginia Tax Rates Rankings | Tax Foundation Virginia has a graduated state individual income tax, with rates ranging from 2 00 percent to 5 75 percent Virginia has a 6 0 percent corporate income tax rate
Virginia State Income Tax Rates and Brackets for 2025 Explained Virginia’s 2025 state income tax rates remain unchanged, with four progressive brackets ranging from 2% to 5 75% Residents, part-year residents, and nonresidents earning Virginia income must file by May 1, 2026 Important deductions include $8,000 for singles and up to $12,000 for seniors Immigrants and students must carefully check filing requirements
2025 Virginia State Tax Insights: A Complete Overview For Virginia residents, understanding the state’s tax structure is crucial for effective financial planning and compliance This comprehensive guide delves into Virginia’s tax rules, income tax brackets, and essential information for the 2025 tax year
Virginia State Taxes: Everything You Need to Know Virginia levies a state income tax on all income earners, no matter how low their annual income is Although there are four income tax brackets, the highest bracket includes everyone earning $17,000 or more The highest bracket is charged at an income tax rate of 5 75 percent
Virginia state income tax rates and calculator - Bankrate Virginia has a graduated income tax system, with rates ranging from 2 percent to 5 75 percent for the 2024 tax year, for income reported on tax returns filed in 2025 Disclaimer: This
Virginia State Tax Rate Return Complete Guide This guide provides a comprehensive overview of Virginia's state tax system, including income tax rates, filing requirements, and essential information to help you manage your tax obligations effectively
Virginia tax guide - unbiased. com Virginia has a graduated state income tax rate ranging from 2 percent to 5 75 percent According to the Virginia Department of Taxation, these ranges are broken down as follows: Virginia also has a flat 6 percent corporate tax rate If you’re unsure about filing your taxes, a financial advisor can help