Earned income credit in Virginia
Varies
Does Virginia Have an Earned Income Tax Credit?
Short answer: Yes: Virginia offers the Virginia Earned Income Tax Credit, 20% of the federal EITC, refundable (tax years 2025–2029); alternatively a 20% nonrefundable version (refundable). Pick only one: the refundable EITC, the nonrefundable EITC, or the Credit for Low-Income Individuals. The 2026 Appropriation Act extended the refundable version through tax year 2029.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Virginia
Varies
Individuals / Personal Taxes
Yes: Virginia offers the Virginia Earned Income Tax Credit, 20% of the federal EITC, refundable (tax years 2025–2029); alternatively a 20% nonrefundable version (refundable). Pick only one: the refundable EITC, the nonrefundable EITC, or the Credit for Low-Income Individuals. The 2026 Appropriation Act extended the refundable version through tax year 2029.
Business justification
Yes: Virginia offers the Virginia Earned Income Tax Credit, 20% of the federal EITC, refundable (tax years 2025–2029); alternatively a 20% nonrefundable version (refundable). Pick only one: the refundable EITC, the nonrefundable EITC, or the Credit for Low-Income Individuals. The 2026 Appropriation Act extended the refundable version through tax year 2029. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions