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Screens

Screen VAPAdj - Virginia Adjustments to Income (1040)

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Use this screen to enter information used to complete Form 760PY.
note
State use codes entered on the federal W2 and 1099R screens are required to indicate the related income qualifies for a subtraction on Schedule 760PY ADJ.  Subtraction codes
28
,
30
,
38
, and
39
 are driven by state use codes on the federal W2 screen. Subtraction codes
4
 and
24
 are driven by state use codes on the federal 1099R screen.

Additions, Subtractions and Deductions

UltraTax CS uses information entered in this section to complete the Virginia Itemized Deductions Worksheet and portions of Form 760PY.
Expenses related to interest on obligations of other states
Enter any expenses related to Virginia source income from interest on obligations of other states that isn't used to reduce federal adjusted gross income. The amount entered in these fields reduces the addition for out-of-state municipal income on Schedule 760PY ADJ. The guideline income calculation for the Low Income or Earned Income credits defaults to use this amount; adjust the income to use the full expense amount as needed on the VANRPY screen.
Lump sum distributions (Force)
UltraTax CS automatically includes the lump sum income taxable on federal Form 4972 as an addition to federal income using code 12, Lump Sum Distributions. Nonresident returns include only the amounts entered on the 1099R federal screens with postal code
VA
 in the instate income on Form 763, Page 2. Use these fields to force an amount different from the calculated amount.
Other additions
Enter amounts that are additions to federal adjusted gross income in this statement. The codes available for other additions are available in the list for the
Code
 field in the statement.
note
The Additions for lump-sum distribution income (code 12), Cancellation of debt income (code 13), and Domestic production deduction (code 15) are calculated based on information entered in the federal return.
Disability income reported as wages (Force)
UltraTax CS completes this field using the amounts entered on the 1099R federal screen with a distribution code of
3
 and the
Pre-retirement age disability
 field marked. Enter an amount in these fields if it is different from the calculated amount.
UltraTax CS optimizes between the disability income subtraction and the age deduction on a taxpayer / spouse basis and uses the amount that is most beneficial.
Long-term health care insurance premiums
Enter the long-term health care premiums for Schedule 760ADJ or 763ADJ, Deductions from Virginia Adjusted Gross Income. Previously long-term care premiums would transfer to 760ADJ or 763ADJ from the federal input screens, however this is no longer the case.
College savings plan carryovers
Enter current-year qualified college savings plan contributions in the 1099Q federal screen, including the account / contract number in the
Account number
 field. Use a separate screen for each contract. If not proforma'd, enter the amount of any carryover in the statement attached to this field including the account / contract number and taxpayer / spouse designation. The amounts are combined to calculate the Virginia College Savings Plan Carryover Worksheet.
Military basic pay subtraction (Force)
The subtraction for basic military pay is calculated from data entered in the W-2 federal screen with
State Use
 code
4
. Enter amounts eligible for subtraction if different from the calculated amounts. The amounts entered here are limited to $15,000 per taxpayer and spouse.
ABLE savings plan deduction carryover
Enter current year qualified ABLE savings plan contributions in the 1099QA federal screen using
State Use
 code
25
.
If not proforma'd, enter the amount of any carryover in the statement attached to this field including the taxpayer / spouse designation. These amounts are combined to calculate the Virginia ABLE Plan Carryover Worksheet.
Military retirement benefits subtraction (Force)
The subtraction for military retirement benefits is calculated from data entered in the 1099R federal screen with
State Use
 code
24
. Enter amounts eligible for subtraction if different from the calculated amounts. The amounts entered here are limited to the annual threshold established by Virginia Department of Taxation.
Death benefit payments (Force)
UltraTax CS includes the lump sum income taxable on federal Form 4972 as a subtraction to the federal income using code
49
, Certain Death Benefit Payments when
State Use
 code
4
, Qualified death benefit from an annuity contract, is entered on the 1099R screen. Use these fields to force an amount different from the calculated amount.
Other subtractions and deductions
Enter amounts that are subtractions from federal adjusted gross income in the statement. The codes available for other subtractions are available in the statement.
note
The subtractions for Tier II Railroad Retirement and Railroad unemployment benefits (code 22), Unemployment compensation benefits (code 37), Basic military pay (code 38), Federal and state employees (code 39), and Certain death benefit payments (code 49), as well as the Deductions for child and dependent care expenses (code 101), College savings plan contributions (code 104), Long-term health care premiums (code 106), and Charitable mileage (code 111) are automatically calculated based on information entered in the federal return.
note
If claiming a subtraction for Code
56
 (Venture Capital Investment) and/or Code
57
 (Virginia Real Estate Investment Trust), the 9-digit certification number that was provided needs to be entered.

Itemized Deductions

Instate amounts
Enter the portion of each item reported in federal Schedule A that is attributable to the period of Virginia residence in the fields provided.

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