Virginia Married Filing Jointly Tax Brackets
Tax Year: 2023 | Due Date: May 1, 2024
The Virginia Married Filing Jointly filing status tax brackets are shown in the table below. These income tax brackets and rates apply to Virginia taxable income earned January 1, 2023 through December 31, 2023.
Tax Bracket | Tax Rate | ||
---|---|---|---|
$0 | to | $3,000 | 2% |
$3,001 | to | $5,000 | 3% |
$5,001 | to | $17,000 | 5% |
$17,001 | to | ∞ | 5.75% |
Residents of Virginia are also subject to federal income tax rates, and must generally file a federal income tax return by May 1, 2024. Read the Virginia income tax tables for Married Filing Jointly filers published inside the Form 760 Instructions booklet for more information.
What is the Virginia Married Filing Jointly income tax filing status?
There are five filing status available to Virginia state taxpayers: Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Widow. These five filing status are visible as check boxes on both the IRS Form 1040 and the Virginia Form 760.
Married Filing Jointly is the filing type you select if you are married and filing your income tax return together. Filing as Married Filing Jointly generally results in paying lower federal and Virginia state income tax rates compared to the other four filing statuses.
Married Filing Jointly status tax payers in most states enjoy a relatively higher standard deduction and more family oriented credits are available to reduce their income tax liability.
Last updated: October 21, 2023