Form 760 Web PDF Details

As the deadline of May 1, 2003, approaches, Virginia residents find themselves navigating the complexities of the 760 Web form for their individual income tax returns. This form, embodying both the convenience of digital submission and the meticulousness of financial documentation, requires filers to use black ink for clear legibility. Its structure, aimed at streamlining the filing process, encompasses various sections including personal information, filing status, income calculations, and deductions. Unique features such as the option for an accelerated refund request, the necessity to report any changes in filing status or address since the last filing, and the ability to amend returns due to net operating loss (NOL) or other adjustments make this form tailored to a wide range of taxpayer circumstances. Additionally, the form accommodates deductions for age, benefits received under the Social Security Act, and state income tax refunds, among other specifics. The inclusion of schedules for detailed adjustments and multiple opportunities to claim credits or deductions illustrates the form's comprehensive approach to individual tax reporting in Virginia. From the basic entries of personal identification and residence to the calculation of Virginia adjusted gross income and beyond, the 760 Web form encapsulates the intricate dance between taxpayer contributions and state fiscal requirements, all while encouraging accuracy and promptness in submission.

QuestionAnswer
Form NameForm 760 Web
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names2002, VAGI, ovals, W-2G

Form Preview Example

2002VAResidentForm760-WEB

IndividualIncomeTaxReturn

FilebyMay1,2003-PLEASEUSEBLACKINK

iFile

www.tax.state.va.us Fast. Easy. Secure.

*VA0760102888*

Your first name

M.I.

Last name

Suffix

 

Fill in all ovals that apply:

 

 

 

 

 

 

Nameorfilingstatushaschangedsincelastfiling

 

 

 

 

 

 

 

 

 

Spouse’s first name

M.I.

Last name

Suffix

 

Addresshaschangedsincelastfiling

 

 

 

 

 

 

 

 

 

 

Virginiareturnwasnotfiledlastyear

 

 

 

 

 

 

 

Present home address (number and street)

 

 

AcceleratedRefundRequest

 

 

 

 

 

 

AmendedReturn-FillinovalifresultofNOL

 

 

 

 

 

 

 

 

 

City, town or post office and state

 

Zip Code

 

 

Dependent on another’s return and have unearned income

 

 

 

 

 

 

Returnadjustedforfixeddateconformity

 

 

 

 

 

 

 

 

 

Your Social Security Number

First 4 letters of

Spouse’s Social Security Number

First 4 letters of

Locality Code

your last name

spouse’s last name

See instructions

 

 

-

-

-

-

Filing Status Fill in oval to indicate status

(1)Single. Did you claim federal head of household? Yes

(2)Married filing joint return (Enter spouse’s SSN above)

(3)Married filing separate return (Enter spouse’s SSN above)

Spouse’s Name________________________

Exemptions

 

 

 

 

 

65 or over

Blind

You

1

+

+

 

Spouse

 

+

+

 

if filing

 

 

 

 

 

 

joint return

 

 

 

 

Dependents

 

 

Total

Use

 

 

 

 

 

 

 

Exemptions

Total

+

 

 

 

 

 

 

=

 

 

 

 

 

 

Exemptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

tocomplete

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Line11

 

 

1.

Federal Adjusted Gross Income

...............................................................................................

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

(from federal return - NOTFEDERALTAXABLEINCOME)

 

 

 

 

 

 

 

 

 

 

VA

 

2.

.....................................................................Total Additions from attached Schedule ADJ, line 3

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

(You must attach Schedule ADJ)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

reporting

 

3.

Add lines 1 and 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

Deduction for age on Jan 1, 2003. Each filer age 62-64: $6,000; each filer 65 or over: $12,000

 

2G-W2,-W and 1099

withholdinghere.

You

 

 

 

 

 

 

 

 

 

 

 

 

 

+ Spouse

 

 

 

 

 

 

 

 

 

 

 

 

=

4

 

 

 

 

,

 

 

 

 

 

 

 

.00

 

 

 

 

,

 

 

 

 

 

 

. 00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

Social Security Act and equivalent Tier 1 Railroad Retirement Act benefits

 

 

5

 

 

 

 

 

 

 

 

 

 

 

(reported as taxable on federal return)

 

 

 

 

 

 

 

 

 

 

 

 

 

Forms

 

6.

State Income Tax refund or overpayment credit (reported as income on federal return)

..............

6

 

7.

Subtractions from attached Schedule ADJ, line 7

 

 

 

 

 

 

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

 

 

 

 

STAPLE

 

 

 

 

 

 

 

(You must attach Schedule ADJ)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

Add lines 4, 5, 6, and 7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8

 

 

................................................................................................................

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

Virginia Adjusted Gross Income (VAGI) - Subtract line 8 from line 3

 

 

9

 

 

 

10.Deductions-Enter Standard: Filing Status 1 = $3,000; 2 = $5,000; 3 = $2,500 OR Itemized:

10a. Total deductions - see instructions

10b. State and Local Income Taxes claimed

,

,

 

minus

,

,

=n

 

10

 

mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

 

 

.

 

 

.

 

(YOU MUST USE ITEMIZED DEDUCTIONS IF YOU ITEMIZED ON YOUR FEDERAL RETURN)

 

here

11.

Exemptions. Multiply number of Total Exemptions claimed above by $800

11

 

 

 

 

STAPLE payment

12.

Child and Dependent Care Expenses. See Instructions

12

 

Staple

13.

Add lines 10, 11 and 12

13

 

 

 

 

14.

Virginia Taxable Income - Subtract line 13 from line 9

14

LOSS

 

 

 

 

n

 

,

,

.

 

 

 

 

 

,

,

.

 

n

 

 

 

LOSS

 

 

 

 

 

 

,

,

.

 

 

 

 

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.

00

n n

 

 

n

 

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,

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n

 

 

 

 

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,

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n

 

 

 

 

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,

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n

 

 

 

 

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,

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LOSS

 

 

 

 

 

 

,

,

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,

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n

 

 

 

 

 

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LOSS

,

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LAR

DLAR

LTD $_______________

Office Use WB n

Form 760 - WEB

*VA0760202888*

 

Page 2

 

 

Year 2002

 

 

15. Amount of Tax (from Tax Table or Tax Rate Schedule)

15

16. Spouse Tax Adjustment. For Filing Status 2 only. Enter VAGI in whole dollars below. See instructions.

 

 

 

 

 

16a - Enter Your VAGI below

 

 

 

 

16b - Enter Spouse’s VAGI below

 

LOSS

 

 

 

 

,

 

 

 

 

 

,

 

 

 

 

 

 

.00

LOSS

 

 

 

 

 

,

 

 

 

 

 

 

,

 

 

 

 

 

 

16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Amount of Tax - Subtract line 16 from line 15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17

18.

 

Virginia tax withheld for 2002.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18a.

Your Virginia withholding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18a

 

 

 

 

18b.

Spouse’s Virginia withholding (filing status 2 only)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18b

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19.

 

 

Estimated Tax Paid for tax year 2002 (from Form 760ES)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19

 

 

 

 

 

 

 

(include overpayment credited from tax year 2001)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20. Extension Payments (from Form 760E)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20

21.

Tax Credit for Low Income Individuals from attached Schedule ADJ, line 12

21

22.

Credit for Tax Paid to Another State from attached Schedule ADJ, line 19

.....................................

 

 

 

 

 

 

22

 

 

 

 

 

 

 

(You must attach Schedule ADJ and a copy of the other state’s return)

 

23.

Other Credits from attached Schedule CR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23

 

 

 

 

 

 

 

( If claiming Political Contribution only - fill in oval - see instructions)

 

 

 

 

 

 

 

 

 

24.

Add lines 18a, 18b and 19 through 23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24

 

 

 

 

 

 

If you are filing an Amended Return, stop here and GO TO line 27 of Schedule ADJ

 

25.

If line 24 is less than line 17, subtract line 24 from line 17. This is the Tax You Owe

25

 

 

 

 

 

 

 

Skip to line 28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

26.

If line 17 is less than line 24, subtract line 17 from line 24. This is Your Tax Overpayment

26

27.

Amount of overpayment you want credited to next year’s estimated tax

 

 

 

 

 

 

 

27

28.

Adjustments and Voluntary Contributions from attached Schedule ADJ, line 26

28

 

 

 

 

 

 

 

 

 

(You must attach Schedule ADJ)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

29.

Add line 27 and line 28

..................................................................................................................

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

29

30.

If you owe tax on line 25, add lines 25 and 29. OR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If line 26 is less than line 29, subtract line 26 from line 29.

AMOUNT YOU OWE

30

 

 

 

 

 

 

 

 

CREDIT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Φ CARD

 

FILL IN OVAL IF PAYMENT BY CREDIT CARD - SEE INSTRUCTIONS

 

31.

If line 26 is greater than line 29, subtract line 29 from line 26. YOUR REFUND

31

YourSSN

 

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-

 

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,

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4

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4

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4

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4

,

, .

 

,

,

.

4

 

 

 

nn

,

,

.

4

DirectDepositInformation

Please indicate type of account Checking Savings

Your bank’s routing transit number

nn

Your bank account number

Fillinallovalsthatapply:

I authorize the Dept. of Taxation to discuss my return with my preparer.

 

Qualifying farmer, fisherman or merchant seaman

Schedule C filed with your federal return - Attach a copy of Schedule C

Coalfield credit earned

Primary taxpayer deceased

Spouse deceased

Overseas on due date

nn

I (We), the undersigned, declare under penalty of law that I (we) have examined this return and to the best of my (our) knowledge, it is a true, correct and complete return.

Your Signature

Date

Spouse’s Signature

Date

Your business phone number

Home phone number

Spouse’s business phone number

 

 

 

 

 

nn

-

-

-

-

-

-

Preparer’s Name (please print)

Phone Number

Date

SEEINSTRUCTIONSFORADDRESSTOMAILYOURRETURN

Fillinovalifreturnwascompletedbyapaidpreparer