grandmabee Posted February 2, 2015 Report Posted February 2, 2015 trying to get the VA nonresident return to allow me to use the other state credit. I am using form 763 and the schedule OSC and I can't input any numbers. I must be missing a box or something. any help would be appreciated. TIA Quote
Hahn1040 Posted February 2, 2015 Report Posted February 2, 2015 which state? VA only allows credits on the non-res return from AZ, CA, DC and OR are you on for, OSC? there is a tab at the bottom to fill with the info Generally the resident state allows the credit from the non-res state- with the 4 exceptions above Quote
MDEA Posted February 2, 2015 Report Posted February 2, 2015 You must attach the resident state tax return and check the NR box on the OSC. I use TW but I assume it is the same. Most of my claims the people live in MD. Quote
Pacun Posted February 2, 2015 Report Posted February 2, 2015 which state? VA only allows credits on the non-res return from AZ, CA, DC and OR are you on for, OSC? there is a tab at the bottom to fill with the info For DC, I only request the full amount that was withheld. Since DC residents don't pay taxes to VA, no credit involved. Quote
mcb39 Posted February 2, 2015 Report Posted February 2, 2015 Anything special that I need to know about a Part Year Virginia Resident? Client coming in tomorrow. Moved from Virginia to Wisconsin. Quote
Hahn1040 Posted February 2, 2015 Report Posted February 2, 2015 the Part-year is pretty straight forward use the VA Sch INC schedule to show which income was earned in VA vs. WI be sure to enter the # of exemptions on page two. It does not populate automatically even if there is only one. VA divides income by spouse (gives an adjustment to the tax based on income of each) so be sure to code F/S accurately there is a tab on the VA760PY to show the itemized deductions paid while a VA resident. if they moved from VA early in the year, they could possibly have no tax. The VA thresholds are fairly high: $11,950 for single and $23,900 for MFJ. Quote
TAXMAN Posted February 2, 2015 Report Posted February 2, 2015 also watch for the age restriction if qualified and moving expense if you have them. Overall Virginia part year is not really complicated. Quote
mcb39 Posted February 2, 2015 Report Posted February 2, 2015 Thanks Hahn and Taxman.........those are good heads ups. I don't know when he moved, but he is working in WI so assume he worked in VA and would have to file for a refund if nothing else. Will see. He was recommended by another client who works with him so I don't know much YET! Thanks again. Quote
Pacun Posted February 2, 2015 Report Posted February 2, 2015 Thanks Hahn and Taxman.........those are good heads ups. I don't know when he moved, but he is working in WI so assume he worked in VA and would have to file for a refund if nothing else. Will see. He was recommended by another client who works with him so I don't know much YET! Thanks again. Virginia will be the easiest PY return you have prepared. It is piece of cake. If in doubt, post the figures and we will help you. 1 Quote
grandmabee Posted February 3, 2015 Author Report Posted February 3, 2015 I am Oregon so I know the credit is on the VA return I just can't see where I input the information. Quote
MDEA Posted February 3, 2015 Report Posted February 3, 2015 The information is put on the OSC form. You must also attach the other states return. Quote
grandmabee Posted February 4, 2015 Author Report Posted February 4, 2015 I can't get my form OSC to let me input anything. I have read all instruction and I know where it supposed to go it just working with ATX to input the numbers. there is no blank lines that I can find. When I jump to it does have any line to fill in. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.