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FORM 760E

Virginia Tentative Tax Return and Application for

Extension of Time to File Individual or

EXTENSION

Fiduciary Income Tax Return

Virginia law, like federal law, provides for an extension of time to file

which ends no later than six months from the original due date of

your income tax return. An extension does not grant you extra time to

your return. In either case, you may request an additional Virginia

pay your taxes; it only provides an extension for preparing records

extension of time to file, but the total extension may not be more than

and filing a correct and complete return. A copy of all extensions must

six months from the original due date of your Virginia return. If your

be attached to your return when filed.

income tax return is not filed by the extended due date, the extension

will be invalid and the late filing and/or late payment penalties will be

The due date of your Virginia income tax return remains unchanged

assessed, from the original due date, as if the extension had not

unless an application for extension (Form 760E) is filed and approved

been filed. If you file your tax return within the extended period and do

by the Virginia Department of Taxation. It is not necessary to file Form

not pay the full amount of tax due when the return is filed, the late

760E if you are CERTAIN that your income tax return will result in a

payment penalty will accrue on the balance of tax due as of the date

refund because penalty is not assessed on a refund return; however,

the return is filed.

the Department of Taxation by law may issue a refund only if the

return is filed within three years of the original due date or extended

Extension penalty and interest. If the tax due on the return when filed

due date of the return, whichever is later. It is important to note that if

within the extended period is more than 10 percent of the total tax

an extension is not approved and there is a balance due when the

liability shown on the return, a penalty for understating the tentative

return is filed, penalty and interest will be assessed, as applicable.

tax on your extension request will be added at the rate of ½ of 1

percent per month (or part of a month) from the original due date of

The maximum extension of time to file is six months from the due

the return to the date of filing or the extension due date, whichever

date of the return (November 1, for calendar year filers). You may

comes first. The daily interest on any tax due and/or applicable penalty

request the automatic four-month Virginia extension (September 1,

will be added at 2% over the federal “underpayment rate” in

for calendar year filers) if you chose the automatic extension of time

accordance with Section 58.1-15 of the Code of Virginia from the

to file your federal return, or you may request a Virginia extension

original due date for filing until paid in full.

Use our web site, It is the quickest and most convenient way to file your extension and pay your tentative tax. Otherwise,

complete the Tentative Tax Computation Worksheet, then transfer the balance due amount from the worksheet to the Form 760E voucher. You

must refer to the income tax return you will file for the tax year to compute your tentative tax on line 1 of the Tentative Tax Computation

Worksheet. If you and your spouse file a joint Form 760E, but do not file a joint income tax return for the year, the total tentative tax payment may

be claimed on your separate return or the separate return of your spouse. If you and your spouse each file a separate Form 760E, but elect

to file a joint income tax return for the year, enter on that return the sum of the amounts paid on the separate Forms 760E.

Tentative Tax Computation Worksheet

1. Total Virginia income tax I (we) expect to owe.

2. Payments and credits:

(a) Virginia income tax withheld

2(a)

(b) Virginia estimated tax payments

2(b)

2(c)

3. Total [add lines 2(a), 2(b) and 2(c)].

4. Balance due (subtract line 3 from line 1). Enter here and on Form 760E.

Detach here and mail with your tentative tax payment. Keep the worksheet (above) with your other tax records.

760E EXTENSION - 2004

New Filer or Address Has Changed

Doc ID 763

j Fiscal Year Filer

j 4 Months Extension - due date

___________

(mm/dd/yy)

beginning (mm/dd/yy) _____________

j 6 Months Extension Request - due date

(mm/dd/yy) _____________

ending

(mm/dd/yy) _____________

0000000000 3300404 000000

Tentative Tax Payment

Your social security number or FEIN

Spouse’s social security number

0 0

First Name OR Name of Estate or Trust

MI Last Name

Save the stamp.

Spouse First Name

MI Spouse Last Name

File your extension & make payment on our web site:

If Estate or Trust, Name and Title of Fiduciary

Be sure to sign the back of this form and

include payment with your extension request.

Address (Number and Street) of Taxpayer or Fiduciary

Office Use Only

City, State and Zip Code

Form 760e - Virginia Tentative Tax Return And Application For Extension Of Time To File Individual Or Fiduciary Income Tax Return

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