Form Va-8453c (Page 2 of 2) in pdf

Banking and IATs

General Instructions

Federal banking regulations have imposed additional reporting

Note: Instead of filing Form VA-8453C, a corporate officer filing

requirements on all electronic banking transactions that directly

a corporation’s return through an electronic return originator

involve a financial institution outside of the territorial jurisdiction of

(ERO) may opt to sign the return using a personal identification

the United States at any point in the process. These are called

number (PIN). Refer to Form VA-8879C, Virginia e-file

International ACH Transactions (IAT) and include electronic direct

Signature Authorization.

debit (tax payments).

This form should be retained by the ERO. Do not send this form

At present, The Virginia Department of Taxation (The Department)

to the Virginia Department of Taxation or the IRS.

does not support IAT. Taxpayers who instruct The Department to

process electronic banking transactions on their behalf are

certifying that the transactions do not directly involve a financial

Purpose of Form

institution outside of the territorial jurisdiction of the United States at

any point in the process.

Use Form VA-8453C to:

Part III - Declaration of Electronic Return Originator

•

Authenticate the electronic portion of Form 500, Virginia

(ERO) and Paid Preparer

Corporation Income Tax Return,

•

Authorize the ERO to transmit via a third party

Note: If the return is filed online through an ISP and/or transmitter

transmitter, and

(not using an ERO), do not complete Part III.

•

Authorize the intermediate service provider (ISP) to

transmit via a third party transmitter if you are filing

A paid preparer must sign Form VA-8453C in the space for Paid

online.

Preparers. EROs and Paid Preparers may sign Part III of the form

using the alternative signature methods using a rubber stamp,

When and Where to File

mechanical device, such as a signature pen, or computer software

program. The signature must include either a facsimile of the

This form must be retained by the preparer/ERO for three (3)

ERO’s signature or of the ERO’s printed name.

years or for online filed returns, the corporation must retain for

three (3) years once the Virginia acknowledgment is received.

If the paid preparer is also the ERO, do not complete the paid

For self-prepared returns, the transmitter must retain the form.

preparer section. Instead, check the box labeled "Y” next to “Paid

Preparer?”.

Preparers, EROs, transmitters and or taxpayers must make the

documents available to the Department of Taxation upon

request.

Line Instructions

Name of Corporation. Print or type the corporation’s name in

the space provided.

Federal Employer Identification Number. Enter the

corporation’s FEIN in the space provided.

Online Filed Return. This box should only be checked if the

return is filed by the corporate officer via the Internet.

Part I - Tax Return Information

Provide requested line items from Form 500, Virginia

Corporation Income Tax Return.

Part II - Declaration of Officer

The corporate officer’s signature, title, and date of signature are

required.

The taxpayer must ensure that the following information relating

to the financial institution account is provided in the tax

preparation software:

•

Routing number

•

Account number

•

Type of account (checking or savings)

•

Direct debit amount for tax due returns

(Note: Direct debits from a taxpayer’s account will occur 5

to 7 business days from the requested direct debit date.)

Form VA-8453C (REV 10/16)

Form Va-8453c Page 2

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