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September 19, 2023
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EFFECTIVE 2021 VA IS NO LONGER ALLOWING OTHER STATE CREDITS FOR MD WAGES!

Related products:Lacerte
  • September 19, 2023
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Please note that beginning in 2021 VA TAX is no longer allowing a state tax credit on wages reported to MD on VA residence.  However, Lacerte is continuing to include MD wages from Line 1 Column 2 of the MD Form 505 in the calculation of the other state tax credit in the VA Form 760CG.  Per a Tax Commissioner Ruling in 2021, the credit is apparently no longer allowed in VA on W-2 wages reported to MD:  21-45 | Virginia Tax