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Virginia Corporate Income Tax Automatic
Form 500CP Extension Payment Voucher 2022
All corporation tentative tax payments must be made electronically.
Use this voucher only if you have an approved waiver.
Corporation Electronic Filing Requirement soon as you realize you owe tax. For fiscal year filers, file
All corporations are required to file their annual income tax Form 500CP with your payment on or before the due date
returns and make all payments electronically. If you are unable of your return. The due date for a nonprofit corporation with
to file and pay electronically, you may request a waiver. You unrelated business income is the 15th day of the 6th month
can obtain the waiver request form at www.tax.virginia.gov following the close of the taxable year. If the due date falls
or by calling (804) 367-8037. on a Saturday, Sunday, or legal holiday, file Form 500CP on
the next business day.
To Make Your Tentative Tax Payments
Write your Federal Employer Identification Number,
The Department provides two secure online options for taxable year, and “VA 500CP” on your payment. Send the
submitting an extension payment: eForms and Business completed Form 500CP and payment to:
Online Services. Payments are made by Debit EFT and you
may schedule your payment for a future date. A corporation Department of Taxation
may also make its extension payments using an ACH Credit P.O. Box 1500
transaction through its bank. Some banks may charge a fee Richmond, VA 23218-1500
for this service. An Electronic Payment Guide is available on If you need assistance, please call (804) 367-8037.
the Department’s website with information on how to submit
Penalty for Failure to Timely Pay the Tax Due
ACH Credit payments to the Department.
When the return has been filed during the extension period
Extension Payment but 90% of the tax liability was not paid by the original due
You are allowed an automatic 7-month extension of time date, you will owe a penalty. The penalty is 2% per month
(6 months for nonprofit corporations and entities other than for each month or fraction thereof from the original due date
C corporations) to file your corporation income tax return. This through the date of full payment or the extended return due
provision does not extend the due date for payment of taxes date, whichever occurs first.
and you must pay at least 90% of your tax by the original due If the return is not filed on or before the extended due date,
date for filing the return (April 15, 2023 for calendar year filers). the late file penalty shall apply as if no extension had been
Purpose of Form 500CP granted.
Form 500CP is a payment coupon that can be used only if The daily interest on any tax due and/or applicable penalty
you have an approved waiver from filing electronically. File will accrue at the rate of 2% over the federal “underpayment
Form 500CP to submit your payment by check or money order. rate” in accordance with Va. Code § 58.1-15 from the original
return due date until paid in full.
When and Where to File Form 500CP
If you have an approved waiver, file Form 500CP with your
payment on or before April 15 (for calendar year filers) or as
2022 Virginia Corporate Income Tax Automatic Extension Payment Voucher
500CP Virginia Department of Taxation
(DOC ID 502) P.O. Box 1500, Richmond, VA 23218-1500
(804) 367-8037
Payment must be made electronically. Use this
voucher only if you have an approved waiver.
Check if a nonprofit corporation
0000000000000000 5028888 000000
For Taxable Year Ending Check type of return
FEIN Entity Type
MONTH YEAR 500 500EC
Corporation Name First 4 Letters of Corp. Name
Make check or money order payable to:
Address (Number and Street) Virginia Department of Taxation.
Tax Payment Amount
Address (Continued)
City, State, and ZIP Code $ . 0 0
Va. Dept. of Taxation 2601008-W Rev. 07/22
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