ajuroff Posted April 9, 2010 Report Share Posted April 9, 2010 Client is a MI resident who worked in VA for a while (job sent him there) and this is reflected on his w-2...BUT now I have a problem. W-2 Info Box 1 Fed Wages 11424.00 Box 15 MI Wages 11424.00 Box 17 MI Income Tax 294.18 Box 15 VA Wages 7336.00 Box 17 VA Income Tax 197.37 I want to prepare the VA Nonresident Form 763. While reading the instructions, it states that you do not have to file a return if your VAGI is less than 11250.00. Just file to get the refund. Instructions for Line 6 - enter the total amount of your federal adjusted gross income from your federal return. This would be the 11424.00, which makes his VAGI in the "need to file" catagory. But according to the w-2, his VA wages are only 7336.00, which would put him in the "do not need to file" catagory. I can't find where I can make this correction on the tax form. And you have to attach the Federal return to the VA return, so I have to show the AGI from the Federal. Am I missing something? Or any ideas? Never did one of these before. Thanks! Quote Link to comment Share on other sites More sharing options...
DevM Posted April 9, 2010 Report Share Posted April 9, 2010 Client is a MI resident who worked in VA for a while (job sent him there) and this is reflected on his w-2...BUT now I have a problem. W-2 Info Box 1 Fed Wages 11424.00 Box 15 MI Wages 11424.00 Box 17 MI Income Tax 294.18 Box 15 VA Wages 7336.00 Box 17 VA Income Tax 197.37 I want to prepare the VA Nonresident Form 763. While reading the instructions, it states that you do not have to file a return if your VAGI is less than 11250.00. Just file to get the refund. Instructions for Line 6 - enter the total amount of your federal adjusted gross income from your federal return. This would be the 11424.00, which makes his VAGI in the "need to file" catagory. But according to the w-2, his VA wages are only 7336.00, which would put him in the "do not need to file" catagory. I can't find where I can make this correction on the tax form. And you have to attach the Federal return to the VA return, so I have to show the AGI from the Federal. Am I missing something? Or any ideas? Never did one of these before. Thanks! Have you put VA wages in Part V Line 45.? Once you do that you will see on line 16 % of Federal wages allocated to VA. Quote Link to comment Share on other sites More sharing options...
ajuroff Posted April 9, 2010 Author Report Share Posted April 9, 2010 Ahhh..ok. I get 64%. So, does it matter that my VAGI (line 10) is in the "need to file" catagory even though the actual amount of VA income isn't? Would I just complete the form and ignore the fact that the VA income is actually 7336.00 and not 11424.00? Really, he should just be filing to get the VA state tax back (197) but now he'll only get like 83.00 back. Am I making any sense? :scratch_head: Quote Link to comment Share on other sites More sharing options...
Gail in Virginia Posted April 9, 2010 Report Share Posted April 9, 2010 The need to file amount applies to gross income from all sources except tax-exempt sources such as social security; once the threshold is met, then you determine federal agi and attribute that to Virginia as appropriate to determine the amount of tax for the individual. It sounds like you are on the right track with what he is getting back. Quote Link to comment Share on other sites More sharing options...
ajuroff Posted April 9, 2010 Author Report Share Posted April 9, 2010 The need to file amount applies to gross income from all sources except tax-exempt sources such as social security; once the threshold is met, then you determine federal agi and attribute that to Virginia as appropriate to determine the amount of tax for the individual. It sounds like you are on the right track with what he is getting back. OK..Thanks Gail. I was thinking I only had to include the VA income, not Federal AGI. Appreciate all the help from everyone! Quote Link to comment Share on other sites More sharing options...
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