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2022 Virginia Automatic Extension Payment
FORM 760IP Voucher for Individuals
This form is for use by individual income tax filers only. Fiduciary Taxpayers and Pass-Through Entities filing for Unified
Nonresident Taxpayers use Form 770IP to make your income tax extension payments.
Effective for payments made on and after July 1, 2022, individuals must submit all income tax payments electronically if any
payment exceeds $1,500 or the sum of all payments is expected to exceed $6,000. This includes estimated, extension, and
return payments. Visit our website at www.tax.virginia.gov for information on electronic payment options.

Virginia automatically grants all taxpayers a 6-month extension If additional tax is due when you file your return, you may owe
of time to file their income tax return. penalty and interest charges in addition to the tax.
• For calendar year filers, the filing date is automatically extended When and Where to File Form 760IP
to November 1.
The Department provides two secure online options for submitting
• You are NOT required to file Form 760IP in order to obtain this extension payments: eForms and Individual Online Services.
automatic extension. Payments are made by Debit EFT and you may schedule your
• You must pay any tentative tax due by May 1. payment for a future date. Extension payments may also be made
• An extension of time to file does NOT extend the amount of using an ACH Credit transaction through your bank. Some banks
time you have to make your payment. may charge a fee for this service. An Electronic Payment Guide is
• Penalties and interest will accrue on all late payments. available on the Department’s website with information on how to
submit ACH Credit payments to the Department.
Purpose of Form 760IP
Alternatively, if you are using software you may be able to submit
Form 760IP, Automatic Extension Payment, is a payment coupon
your payment through e-File. You may also be able to set up your
and worksheet that provides taxpayers who are unable to file their
estimated payments via debit EFT with future payment dates.
individual income tax return by May 1 a means of calculating and
remitting a payment to avoid penalty and interest. If you are paying with a paper check or money order, file Form
760IP along with your payment as soon as you realize you owe any
Who Must File Form 760IP additional tax. The 2022 Form 760IP must be postmarked by May 1,
Form 760IP is required if ALL of the following apply to you: 2023 to avoid interest and penalties. For fiscal year filers, file Form
1. You cannot file your individual income tax return by the due date; 760IP on or before the due date of your return with payment of the
balance due to avoid interest and penalties.
2. You owe tax (this is determined by completing the Tentative Tax
Computation Worksheet on the back of this page); and If the due date falls on a Saturday, Sunday or legal holiday, Form
3. You submit your payment by paper check or money order. 760IP, with payment, may be filed on the next day that is not a
Estates, trusts and unified nonresident filers should use Form Saturday, Sunday or legal holiday. Be sure to write your Social
770IP. Security Number, taxable year and “VA 760IP” on your payment.
Send the completed Form 760IP, with payment, to:
Do not file Form 760IP if you determine that you do NOT owe
Department of Taxation
additional tax, or you make your extension payment electronically
P.O. Box 1478
using Individual Online Services.
Richmond, VA 23218-1478
Completing Form 760IP
Penalty for Failure to Timely File and Pay the Tax Due
Complete the Tentative Tax Computation Worksheet on the back,
then enter the payment amount in the Payment Amount box on Form Virginia law provides for an automatic 6-month filing extension, but
760IP. Instructions for the worksheet and the form are on the back. you must pay at least 90% of your tax liability by the due date of
Detach here and mail with your tentative tax payment. Keep the worksheet with your other tax records.

Automatic Extension Payment New Filer or Address Has Changed
760IP 2022
(Doc ID 763)
Do not file Form 760IP if no payment is due
or if you make this payment electronically.

0000000000 7638888 122122 Save the stamp.
Make your extension payment on the
Department’s website: www.tax.virginia.gov
Your Social Security Number Spouse’s Social Security Number
Make your check payable to the
First Name MI Last Name Virginia Department of Taxation

Spouse's First Name MI Spouse's Last Name
Payment Amount
Address (Number and Street) of Taxpayer

City, State and ZIP Code . 00
2601035 Rev. 06/22

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May 1.  If you file your return within 6 months after the due date but   Automatic Extension Payment Instructions
do not meet the 90% payment requirement, the balance of tax due          •  You can file electronically by using the Department’s website:  
with your return will be subject to an extension penalty of 2% per       www.tax.virginia.gov. It is the quickest and most convenient 
month, from the due date through the date of filing, to a maximum        way to pay your tentative tax. 
of 12%.  If you file within the extension period but do not pay the full •  Do not file Form 760IP if no payment is due or if you make this 
balance of tax due with your return, the balance due will be subject     payment electronically.
to a late payment penalty of 6% per month from the date of filing 
through the date of payment, to a maximum of 30%.                        Name, Address and Social Security Number 
                                                                         Please clearly print or type your name, address and Social Security 
The  late  payment  penalty  will  be  assessed  in  addition  to  any   Number for which an automatic extension payment is being made.
extension penalty that may apply. If you file your return more than 
6 months after the due date, the extension will be void and a late       Compute Your Tentative Tax
filing penalty of 30% will be applied to the balance of tax due with     Transfer the information from Line 4 of the Tentative Tax Computation 
the return.                                                              Worksheet to Form 760IP.
Tentative Tax Computation Worksheet Instructions                         Tentative Tax
You must refer to the income tax return you will file for the tax        Use the Tentative Tax Worksheet to calculate your tentative tax.
year to compute your tentative tax on Line 1 of the Tentative Tax        Daytime Phone Number
Computation Worksheet. If you and your spouse file a joint Form          Enter your daytime telephone number.
760IP, but do not file a joint income tax return for the year, the total Where To Get Forms
tentative tax payment may be claimed on your separate return or          Most Virginia tax forms are available from  the Department’s website:  
the separate return of your spouse. If you and your spouse each          www.tax.virginia.gov. Forms can be obtained from the Department 
file a separate Form 760IP, but elect to file a joint income tax return  by calling (804) 367-8031.
for the year, report the sum of all amounts paid on the joint return.
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                                               Tentative Tax Computation Worksheet 
  1.  Total Virginia income tax I (we) expect to owe.                                                        1
  2.  Payments and credits:
(a)  Virginia income tax withheld                                          2(a)
(b)  Virginia estimated tax payments                                       2(b)
(c)  Overpayment credit from previous taxable year                         2(c)
  3.  Total [add Lines 2(a), 2(b) and 2(c)].                                                                 3
  4.  Balance due (subtract Line 3 from Line 1). Transfer to Form 760IP.                                     4

                      Detach here and mail with your tentative tax payment. Keep the worksheet (above) with your other tax records.

Form 760IP - Page 2

  Tax Preparer’s Name                         Date    Daytime Phone Number                    FEIN or PTIN

  Tax Preparer’s Address                                                                      Firm Name

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