Virginia allows for a subtraction in the amount of Tier 2 vested dual benefits and other Railroad Retirement Act Benefits and Railroad Unemployment Insurance Act Benefits as long as they were included in your federal adjusted gross income and reported on your federal return as a taxable pension or annuity.
Program Entry
- State Section
- Subtractions From Income
- Other Subtractions
- Add Other Subtractions
- Tier 2 and other Railroad Retirement Benefits (from drop down menu)
What else do I need to know?
Check your federal return to determine if you need to make the entry for the subtraction from income. Only amounts included in your Federal Adjusted Gross Income and included on your federal return should be entered.
Please be aware that the taxable amounts from a RRB-1099-R will pull automatically for resident returns. Please review your state return to ensure this subtraction is accounted for fully.