Virginia State Tax Standard Deduction 2024

Virginia State Tax Standard Deduction 2024. 1 to implement an increased standard deduction, the state tax department said sept. The virginia department of taxation (dot) has released updated wage bracket and withholding formulas, which are effective with wages paid on or after october 1, 2022.

Increase the standard deduction − proposes increasing the standard deduction from $8,000 to $9,000 for individual filers and from $16,000 to $18,000 for married filers. Virginia tax returns for the 2023 tax year were.