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2022 Virginia Corporation Schedule
Schedule 500ADJ of Adjustments *VA500J122888*
Name as shown on Virginia return FEIN
Use Schedule 500ADJS in addition to the Schedule 500ADJ if you are claiming more additions or subtractions than the
Schedule 500ADJ allows . Refer to the Form 500 Instructions for addition and subtraction codes .
Check this box and enclose Schedule 500ADJS with your return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section A – Additions to Federal Taxable Income
1. Fixed date conformity addition – Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. .00
2. Fixed date conformity addition – Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. .00
3. Taxable addition from Schedule 500AB, Line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. .00
4. Net income tax and other taxes that are based on, measured by, or computed
with reference to net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. .00
5. Interest on state obligations other than Virginia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. .00
6. Other Additions Code
See instructions for addition codes. 6a. . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a. .00
6b. . . . . . . . . . . . . . . . . . . . . . . . . . . . 6b. .00
6c. . . . . . . . . . . . . . . . . . . . . . . . . . . . 6c. .00
7. Total Additions. Add Lines 1-5 and 6a-6c . Enter here and on Form 500, Line 2 . . . . . . . . . . . . . . . . . 7. .00
Section B – Subtractions from Federal Taxable Income
1. Fixed date conformity subtraction – Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. .00
2. Fixed date conformity subtraction – Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. .00
3. Income from obligations or securities of the U .S . exempt from state income taxes,
but not from federal income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. .00
4. Foreign dividend gross-up (IRC § 78) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. .00
5. Refund or credit of income taxes included in federal taxable income . . . . . . . . . . . . . . . . . . . . . . . . 5. .00
6. Subpart F income (IRC § 951) and/or Global Intangible Low-Taxed Income (IRC § 951A) . . . . . . . 6. .00
7. Foreign source income subtraction allowed by Va. Code § 58 .1-402 C 8 . . . . . . . . . . . . . . . . . . . . . 7. .00
8. Dividends received from corporations in which the recipient owns 50% or more
of the voting stock, to the extent remaining in federal taxable income . . . . . . . . . . . . . . . . . . . . . . . 8. .00
9. Other Subtractions . See instructions for subtraction codes .
Certification Number Code
9a. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a. .00
9b. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b. .00
9c. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9c. .00
10. Total Subtractions . Add Lines 1-8 and 9a-9c . Enter here and on Form 500, Line 4 . . . . . . . . . . . . . 10. .00
Section C – Amended Return
If you are filing an amended return, complete Section C to determine if you will receive an additional refund or if you need to make an additional payment .
1. Add amount paid with original return plus additional tax paid after it was filed .
(Do not include amount paid from Form 500, Line 20 .) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. .00
2. Add Line 1 from above and Line 16 from Form 500 and enter the total here . . . . . . . . . . . . . . . . . . 2. .00
3. Overpayment, if any, as shown on original return or as previously adjusted . . . . . . . . . . . . . . . . . . . 3. .00
4. Subtract Line 3 from Line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. .00
5. If Line 4 above is less than Line 11 on amended Form 500, subtract Line 4 above from Line 11 on
amended Form 500 . This is the tax you owe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. .00
6. Refund. If Line 11 on amended Form 500 is less than Line 4 above, subtract Line 11 on amended
Form 500 from Line 4 above . This is the tax you overpaid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. .00
EXPLANATION OF CHANGES TO INCOME AND MODIFICATIONS
Enclose an explanation for amending return . Provide the line reference from the Form 500 for which a change is reported and give the reason for each
change . Show any computation in detail and enclose any applicable schedules .
Va . Dept . of Taxation 2601001-W Rev . 07/22
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