How to apply for Virginia Age Deduction (State Income Tax)

Who it's for

Virginians born on or before January 1, 1960 may claim an age deduction of up to $12,000 each on the state income tax return. Taxpayers born on or before January 1, 1939 get the full $12,000 regardless of income. For those born between January 2, 1939 and January 1, 1960, the deduction shrinks $1 for every $1 of adjusted federal AGI over $50,000 (single) or $75,000 (married). The deduction is claimed on Form 760 — no separate application.

What you'll need

• Virginia Form 760 (claimed on the return — no separate application)

Where to apply

What to say when you call

"Hello, I'm calling to ask about Virginia Age Deduction (State Income Tax). I'd like to know whether I may qualify, what documents I need, and whether I can apply online, by mail, by phone, or in person. I understand I may need virginia Form 760 (claimed on the return — no separate application) — is anything else required? What is the best next step?"

Tip: have a pen ready, ask for the person's name, and write down any case or reference number they give you.

Step by step

1. Confirm you were born on or before January 1, 1960, since that is the eligibility cutoff for the Virginia Age Deduction.
2. Gather your federal tax information, including your adjusted federal AGI, since the deduction may phase out if your income exceeds $50,000 (single filers) or $75,000 (married filers) and you were born after January 1, 1939.
3. Obtain Virginia Form 760, the standard Virginia resident income tax return — no separate application is needed for this deduction.
4. Complete Form 760 and enter the age deduction in the appropriate line. The maximum deduction is $12,000 per qualifying person.
5. File your completed Form 760 online or by phone at 1-804-367-8031 to get help from the Virginia Department of Taxation.

What to expect: After filing Form 760, the Virginia Department of Taxation will process your return. The exact deduction amount is determined by your birth date and adjusted federal AGI — taxpayers born on or before January 1, 1939 receive the full $12,000, while those born between January 2, 1939 and January 1, 1960 may receive a reduced amount depending on income. Processing times vary, so contact the Virginia Department of Taxation at 1-804-367-8031 for an estimate. Because this is a tax deduction claimed on an annual return, you will need to include it on your Virginia Form 760 each tax year to continue receiving the benefit.

Renewals

annual