How do I report the Virginia portion of my interest and dividend Income?

Income entered on the Federal return is automatically carried to the state return; however, Virginia taxes certain items of income not taxed by the Federal government.

Virginia Resident

To add additions to income on a resident return use the left-side main main then follow the pathway below: 

1. State
2. Resident Virginia Return
3. Additions to Income

Enter the amount that was not included in the Federal Adjusted Gross Income (AGI) taxed by Virginia:

• Interest on obligations of Other States not taxable on the Federal return
• Special Depreciation Adjustment
• Other Additions

Interest and Dividend Income on Exempt Federal US Obligations is located in the drop-down menu in the Other Additions sections. 

Part-Year Residents

To report the interest and dividend income taxable to Virginia during your period of residency on your part-year return, go to:

1. State
2. Part Year Virginia Return
3. Income Subject to tax
4. Interest and Dividend Income 
5. Enter Interest and Dividend income attributable to Virginia

What is the Virginia portion?

This is the income from interest and dividends reported on your Federal return that were received while you were a resident of Virginia. It does not matter the source of the interest and dividend income. Source income is the state or entity the income came from.