Schedule Npy - Schedule Of Adjustments For Nonresident Or Part-Year Resident

Schedule of Adjustments For

Schedule NPY

*VA0NPY109000*

Nonresident or Part-Year Resident

2009

Attach this Schedule to your Form 760PY or Form 763

Your Name As Shown On Virginia Return

Your Social Security Number

Spouse's Name As Shown On Virginia Return

Spouse's Social Security Number

You

Part I - Form 760PY ONLY - Age Deduction -

Read instructions before completing

Social Security and equivalent Tier 1

Enter the Adjusted Federal Adjusted Gross

Railroad Retirement Act benefits

Income from Age Deduction Worksheet,

Spouse

reported as taxable income on your

Line 8, if applicable

federal return.

For Filing Status 3,

Month-Day-Year

Spouse

You

enter spouse's birth date....................

Month-Day-Year

1. Enter birth date (For Filing Status 2 and 4: Both birth

dates are required even if only one qualifies for an age deduction)...........................................

2. Enter Age Deduction (See instructions)..................................................................................

3. Enter the amount from the Ratio Schedule for the date you moved into or out of Virginia........

4. Qualifying Age Deduction - Multiply Line 2 by Line 3 and enter here....................................

Filing Status 1 or 3 - Transfer amount from Line 4, Col. B to Form 760PY, Line 38, Col. B

You may NOT claim both this deduction and the

Filing Status 2 - Transfer the total of Line 4, Col. A & B to Form 760PY, Line 38, Col. B

disability income subtraction on Form 760PY, Part III,

Filing Status 4 - Transfer the amounts from Line 4 to Form 760PY, Line 38, Col. A & B

Line 43. Claim the one that benefits you the most.

Part II - Deductions from Virginia Adjusted Gross Income

SPOUSE

YOU

This column for 760PY

Filing Status 4 filers only

1. Refer to the Form 760PY or 763 instruction

book for Deduction Codes .................................................................

1a.

1b.

1c.

2. Total Deductions - Add Lines 1a - 1c.

For Form 760PY filing status 4 filers, enter the total for Column A and Column B

in the applicable column on Form 760PY Line 13. All other filers, enter the total

from Column B on Line 13, Column B, of Form 760PY or Line 13 of Form 763 ................... 2.

Part III - Tax Credit For Low Income Individuals or Virginia Earned Income Credit

• List below the name, Social Security Number (SSN) and Guideline Income for you, your spouse and each dependent.

• If more room is needed, attach a schedule with the name, SSN and Guideline Income for each additional dependent.

• Complete all of Part III. Failure to complete this Part may result in this credit being reduced or disallowed.

Family VAGI

Name

Social Security Number (SSN)

Guideline Income

Yourself

Spouse

Dependent

Total Family Guideline Income (Be sure to include information from attached schedule, if applicable)

3 .

Enter the total number of exemptions listed above and on any attached schedule. Based on this total, the total

family Guideline Income from Line 3 and the poverty guidelines in the instructions, determine your eligibility. If you

do not qualify for the Tax Credit for Low Income Individuals but claimed an Earned Income Credit on your federal

return, enter 0 and proceed to Line 7 .............................................................................................................................4.

If eligible, enter the number of personal exemptions from Form 760PY or Form 763. ...................................................5.

Multiply Line 5 by $300 and enter the result. Proceed to Line 7. If you do not qualify for the tax

credit but claimed an Earned Income Credit on your federal return, enter $0 and proceed to Line 7. .........................6.

Enter the amount of Earned Income Credit claimed on your federal return. If you did not claim an Earned

Income credit on your federal return, enter $0. If you are married filing separately, be sure to see the instructions. ....7.

Multiply Line 7 by 20% (.20) ...........................................................................................................................................8.

Enter the greater of Line 6 or Line 8 ...............................................................................................................................9.

10.

Compare the amount of tax on Form 760PY, Line 17, or on Form 763, Line 18, to the amount on Line 9 above.

Enter the lower amount here. This is your tax credit. Enter on Form 760PY, Line 18(e), or Form 763, Line 19(e) .....10.