PDF document

- 1 -

2022 Virginia Pass-Through Entity
Schedule 502ADJ Schedule of Adjustments *VA502J122888*

FEIN Name(s) as shown on Form 502

SECTION A – Additions to Taxable Income
Code Amount
1. .00
2. .00
3. .00
4. .00
5. Total Additions. Add Lines 1-4. ......................................................... .00

SECTION B – Subtractions From Taxable Income
Certification Number (if applicable) Code Amount
1. .00
2. .00
3. .00
4. .00
5. Total Subtractions. Add Lines 1-4. ..................................................... .00
Use Schedule 502ADJS if you are claiming more additions or subtractions than the Schedule 502ADJ allows.
Refer to the Form 502 Instructions for addition and subtraction codes. Check this box and enclose Schedule
502ADJS with your return .......................................................................................

SECTION C – Virginia Tax Credits
Enter the total amounts passed through to owners for each credit in Parts I through IV. For information on credits, see the
Schedule CR Instructions (Individuals) or the Schedule 500CR Instructions (Corporations).
Part I – Nonrefundable Credits
1. State Income Tax Paid (see Form 502 instructions) ........................... 1. .00
2. Neighborhood Assistance Act Tax Credit .................................... 2. .00
3. Biodiesel and Green Diesel Fuels Tax Credit ................................ 3. .00
4. Recyclable Materials Processing Equipment Tax Credit ........................ 4. .00
5. Vehicle Emissions Testing Equipment Tax Credit ............................. 5. .00
6. Major Business Facility Job Tax Credit ..................................... 6. .00
7. Waste Motor Oil Burning Equipment Tax Credit .............................. 7. .00
8. Riparian Forest Buffer Protection for Waterways Tax Credit ..................... 8. .00
9. Reserved for Future Use . ............................................... 9.
10. Reserved for Future Use . ............................................... 10.
11. Reserved for Future Use . ............................................... 11.
12. Historic Rehabilitation Tax Credit .......................................... 12. .00
13. Land Preservation Tax Credit ............................................ 13. .00
14. Qualified Equity and Subordinated Debt Investments Tax Credit ................. 14. .00
15. Communities of Opportunity Tax Credit ..................................... 15. .00
16. Green Job Creation Tax Credit ........................................... 16. .00
Va. Dept. of Taxation 2601020-W Rev. 09/22

- 2 -

2022 Virginia FEIN

Schedule 502ADJ *VA502J222888*
Page 2

17. Farm Wineries and Vineyards Tax Credit ................................... 17. .00
18. International Trade Facility Tax Credit ...................................... 18. .00
19. Port Volume Increase Tax Credit .......................................... 19. .00
20. Barge and Rail Usage Tax Credit ......................................... 20. .00
21. Livable Home Tax Credit ................................................ 21. .00
22. Research and Development Expenses Tax Credit (If the taxpayer does not qualify for
the refundable credit, see the instructions for Schedule CR or Schedule 500CR) .... 22. .00
23. Education Improvement Scholarships Tax Credit ............................. 23. .00
24. Major Research and Development Expenses Tax Credit ....................... 24. .00
25. Food Crop Donation Tax Credit. .......................................... 25. .00
26. Worker Training Tax Credit .............................................. 26. .00
27. Virginia Housing Opportunity Credit .......................................... 27. .00
Part II – Total Nonrefundable Credits
1. Add Part I, Lines 1-8, and 12-27. Enter on Form 502, Page 1, Line 19 ............ 1. .00
Part III – Refundable Credits
1. Agricultural Best Management Practices Tax Credit ........................... 1. .00
2. 100% Coalfield Employment Enhancement Tax Credit from 2022 Form 306D,
Part II, Section 1, Line 1 ..................................................... 2. .00
3. Full Credit: Enter amount from 2022 Form 306D, Part II, Section 2, Line 3 ........... 3. .00
4. 85% Credit: Enter amount from 2022 Form 306D, Part II, Section 3, Line 5 .......... 4. .00
5. Total Coalfield Employment Enhancement Tax Credit allowable this year.
Add Part III, Lines 3 and 4 ............................................... 5. .00
6. Reserved for Future Use . ............................................... 6.
7. Motion Picture Production Tax Credit ...................................... 7. .00
8. Research and Development Expenses Tax Credit ............................ 8. .00
9. Conservation Tillage and Precision Agriculture Equipment Tax Credit ............. 9. .00
Part IV – Total Refundable Credits
1. Add Part III, Lines 1, 5, and 7-9. Enter on Form 502, Page 1, Line 20 ............. 1. .00

SECTION D – Amended Return

1. Add amount paid with original return and additional tax paid after it was filed. ....... 1. .00
2. Add Line 1 from above and Section 1, Line 2 from Form 502 .................... 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 Section 1, Line 1 of Form 502, subtract Line 4 above
from Section 1, Line 1 of Form 502. This is the Tax Owed ..................... 5. .00
6. If Section 1, Line 1 of Form 502 is less than Line 4 above, subtract Section 1, Line 1
of Form 502 from Line 4 above. This is the Amount Overpaid ................. 6. .00

Enclose Schedule 502ADJ with your Pass-Through Entity Return, Form 502.

PDF file checksum: 4195949174

(Plugin #1/9.12/13.0)