Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Screens

Screen VATPWC — Virginia Tax Projection Worksheet (1120)

Show all hidden content

Overview

Use this screen to enter information you expect to be different in the next year. The application uses this data to calculate the Virginia Tax Projection Worksheet. This worksheet is based on current law and next year tax law differences (when known).
Enter only the items you expect to be different for the coming year. If you don't expect the amounts to be different for the coming year, the current-year amounts transfer to next year. Any amounts marked with an asterisk (*) in the
VATPWC screen
 don't transfer automatically to the next-year column.

Payments and Credits

Enter the amount of current year overpayment that will be credited to next year. If this field is blank, the application defaults to the overpayment amount from the current year return.
Enter the total amount of estimated tax payments that are projected for next year. If this field is blank, the application defaults to the sum of any estimated payments made electronically for Form 500, plus any additional amounts paid that are reported in the
Next year’s estimates already paid
 fields on the
VAEst screen
.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close