Fillable *VASCHA120888* 2020 Virginia Schedule A (Virginia Department of Motor Vehicles)

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*VASCHA120888* 2020 Virginia Schedule A (Virginia Department of Motor Vehicles)

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2020 Virginia Schedule A
Itemized Deductions
Name(s) as shown on Virginia Return
Filing Status Claimed
on Federal Return
Enter in box to the right: 1=Single 2=Joint 3=Married Filing Separately 4=Head of
household (HOH) 5=Qualifying widow(er) (QW)
Medical
and
Dental
Expenses
Caution: Do not
include expenses
reimbursed or paid by
others.
1 Medical and dental expenses.
.................................................................................1
2 Enter adjusted gross income from federal return. If negative enter 0.
............................... 2
3 Multiply Line 2 by 10% (0.10).
..................................................................................3
4 Subtract Line 3 from Line 1. If Line 3 is more than Line 1, enter -0-.
................................. 4
Taxes You
Paid
5 a State and local income taxes or general sales taxes. If you are claiming a deduction for general
sales taxes instead of income taxes, ll in this oval. ..........................................
5a
b State and local real estate taxes.
..............................................................................5b
c State and local personal property taxes......................................................................5c
6
Other deductible taxes. List type and amount.
Foreign income taxes
6
7 Add Lines 5a, 5b, 5c and 6.
.....................................................................................7
Interest You
Paid
Caution: Your
mortgage interest
deduction may be
limited.
8 Home mortgage interest and points. If you didn’t use all of your home mortgage loan(s) to buy,
build, or improve your home ll in this oval.
.....................................................
Home mortgage interest and points reported to you on federal Form 1098. ........................ 8aa
b
Home mortgage interest not reported to you on federal Form 1098. If paid to the person from
whom you bought the home, show that person’s name, identifying no., and address.
▶
8b
c Points not reported to you on federal Form 1098.
......................................................... 8c
d Mortgage insurance premiums
.................................................................................
8d
e Add Lines 8a through 8d
........................................................................................8e
9 Investment interest. .............................................................................................. 9
10 Add Lines 8e and 9. ..............................................................................................10
Gifts to
Charity
Caution: Report the
limited amount as
dened under federal
law.
11 Gifts by cash or check.
...........................................................................................11
12 Other than by cash or check. ...................................................................................12
13 Carryover from prior year. ....................................................................................... 13
14 Add Lines 11 through 13. ........................................................................................ 14
Casualty and
Theft Losses
15 Casualty and theft loss(es) from a federally declared disaster (other than net qualied disaster
losses). Enter the amount from Line 18 of federal Form 4684. ........................................ 15
Other Itemized
Deductions
16 a Gambling Losses ..................................................................................................16a
b
Other. List type and amount.
▶
16b
c Add Lines 16a and 16b.
.........................................................................................16c
Total Itemized
Deductions
17 Add Lines 4, 7, 10, 14, 15 and 16c. Enter here. If Line 1 on Forms 760, 760PY, or 763 is
over $326,050 if ling jointly or qualifying widow(er), $298,850 if head of household, $271,700
if single, or $163,025 if married ling a separate return, complete the itemized deduction
worksheet rst. Itemized deductions may be limited. If so, enter amount from Line 12a or 12b
of the limited itemized deduction worksheet. .............................................................................
17
18 If your total on Line 17 was limited, enter the amount from Part B, Line 15 of the limited
itemized deduction worksheet here. Otherwise, enter the state and local income tax from Line
5a and any foreign income tax from Line 6 above. See instructions.
........................................ 18
19 Virginia Itemized Deductions: Subtract Line 18 from Line 17 and enter the result here and on
Form 760 Line 10, Form 760PY Line 11, or Form 763 Line 10. If negative enter 0................... 19
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VA Dept. of Taxation 2601053 VA Sch A Rev. 08/20
*VASCHA120888*
Your Social Security Number
- -
See instructions before
completing Schedule A
WEB
FDC Worksheet - Fixed Date Conformity Modications to Itemized Deductions
Complete the FDC Worksheet before completing Virginia Schedule A. Enter the information requested on each line. On the Virginia Schedule A, Medical and Dental
Expenses (Line 4), Gifts to Charity (Line 14), and Casualty and Theft Loss (Line 15) may require modication due to xed date conformity adjustments. These
amounts should be recomputed by substituting the amount on Line 5 of this worksheet for the FAGI that you used to compute your federal limitations. Also use the
amount on Line 5 of this worksheet instead of Line 1 from Forms 760, 760PY, and 763 when computing Virginia Schedule A, Line 17.
1. Federal Adjusted Gross Income (FAGI) from federal return
..........................................................................................
1
.00
2. Fixed date conformity additions to FAGI
.......................................................................................................................
2
.00
3. Subtotal. Add Lines 1 and 2
...........................................................................................................................................
3
.00
4. Fixed date conformity subtractions from FAGI
.............................................................................................................
4
.00
5. Fixed date conformity FAGI. Subtract Line 4 from Line 3
..............................................................................................
5
.00
LIMITED ITEMIZED DEDUCTION WORKSHEET
Part A – Compute Your Itemized Deduction Limitation
Complete this worksheet after completing Lines 1-16 of the Virginia Schedule A.
All taxpayers must complete Lines 1-11 of this worksheet as though they were residents of Virginia for the entire taxable year. If your
ling status is different for federal and Virginia purposes, see instructions.
1. Enter the total amount from Virginia Schedule A, Lines 4, 5a (not to exceed $10,000 or $5,000 if married ling
separately), 5b, 5c, 6, 10, 14, 15, and 16c
..................................................................................................................................
1.
.00
2. Enter the total amount from Virginia Schedule A, Lines 4, 9, and 15, plus any gambling losses included on Line 16a
2.
.00
3. Subtract Line 2 from Line 1. If the result is zero or less, the limitation does not apply. Stop here and follow the
instructions for Line 17 of Virginia Schedule A.
..........................................................................................................................
3.
.00
4. Multiply Line 3 above by 80% (0.80).
............................................................................................................................................
4.
.00
5. Enter the total from Line 1 of Form 760, Form 760PY, or Line 763 (or amount from Line 5 of FDC Worksheet).
..........
5.
.00
6. Enter $326,050 if ling jointly or qualifying widow(er), $298,850 if head of household, $271,700 if single, or $163,025
if married ling a separate return
...................................................................................................................................................
6.
.00
7. Subtract Line 6 from Line 5. If the result is zero or less, stop here, the limitation does not apply. Stop here and follow
the instructions for Line 17 of Virginia Schedule A.
....................................................................................................................
7.
.00
8. Multiply Line 7 above by 3% (0.03).
..............................................................................................................................................
8.
.00
9. Enter the smaller of Line 4 or Line 8.
............................................................................................................................................
9.
.00
10. Enter the amount from Line 3 above.
............................................................................................................................................
10.
.00
11. Divide Line 9 by Line 10. Enter the result to 3 decimal places.
................................................................................................
11.
12. Limited Itemized Deduction Total
12a.
Resident (Form 760) and Nonresident (Form 763) lers
Subtract Line 9 from Line 1 and enter here and on Virginia Schedule A , Line 17. Continue to Part B of the
worksheet. ...........................................................................................................................................................................
12a.
.00
12b. Part-Year Resident (Form 760PY) lers
Enter only the itemized deductions paid while a Virginia resident on Virginia Schedule A. Use the steps
below to compute the amount to enter on Line 17 of Virginia Schedule A if you are subject to the itemized
deduction limitation.
1) Enter the total amount from Virginia Schedule A Lines 4, 5a (not to exceed
$10,000 or $5,000 if married ling separately), 5b, 5c, 6, 10, 14, 15, and 16c.
1
.00
2) Multiply the total amount from Virginia Schedule A, Lines 5a (not to exceed
$10,000 or $5,000 if married ling separately), 5b, 5c, 6, 8e, 14, and 16c
(minus any gambling losses reported on Line 16a) by Line 11. ........................ 2 .00
3) Subtract Line 2 from Line 1. Enter here and on Virginia Schedule A, Line 17. ..................................................
12b.
.00
Part B – Compute Your State and Local Income Tax Modication
13. Enter state and local income tax from Virginia Schedule A, Line 5a (not to exceed $10,000 or $5,000 if married
ling separately). Part year residents enter only the amount paid while a resident. For foreign income tax, see
instructions.
........................................................................................................................................................................................
13.
.00
14. Multiply Line 13 by Line 11.
.............................................................................................................................................................
14.
.00
15. Subtract Line 14 from Line 13. Enter here and on Virginia Schedule A, Line 18.
.................................................................
15.
.00
2020 Virginia Schedule A
Itemized Deductions
Generally, line items on Virginia Schedule A are dened in federal law and explained in the instructions for
federal Schedule A (Form 1040) and instructions for federal Schedule A. Some exceptions apply and are
explained in these instructions.
Important Information Regarding 2020
Virginia Income Tax Returns
Under emergency legislation enacted by the 2020
General Assembly, Virginia’s date of conformity to the
terms of the Internal Revenue Code will advance from
December 31, 2018 to December 31, 2019.
The legislation specically deconforms Virginia from
a federal provision that reduces the medical expense
deduction threshold for Taxable Year 2019 and Taxable
Year 2020.
Federal legislation also extends for three years tax
provisions, commonly known as “extenders,” which
generally expired at the end of 2017. Advancing the
date of conformity to December 31, 2019, will allow
Virginia to conform to these extenders. One extender
deals with the treatment of qualied mortgage
insurance premiums as interest for purposes of the
mortgage interest deduction. The mortgage insurance
premiums deduction is reported on Line 8d of the
Virginia Schedule A.
What’s New
For taxable years beginning on or after January 1,
2019, taxpayers may claim a deduction for the actual
amount of real and personal property taxes imposed
by Virginia or any other taxing jurisdiction not otherwise
deducted solely on account of the $10,000 annual
limitation on the federal deduction for state and local
taxes paid.
For taxable years beginning on or after January 1,
2019, Virginia deconforms from the increase in the
medical expense deduction and the suspension
of the overall limitation on itemized deductions,
commonly known as the Pease limitation.
General Information
Use Virginia Schedule A to determine your itemized
deductions. You must claim the same type of
deductions (standard or itemized) on your Virginia
return as you claimed on your federal return. As
a result, you may not claim itemized deductions
on your Virginia return if you claimed the standard
deduction on your federal return.
Enclose the Virginia Schedule A with your return when
filing Forms 760, 760PY, or 763.
If a joint federal return was filed and you are filing
separate returns in Virginia, itemized deductions that
cannot be accounted for separately must be allocated
proportionately between spouses based on each
spouse’s share of the combined federal adjusted
gross income.
Part-year residents should complete the computation
using only the deductions for which the underlying
expense payments were made during their period of
residency in Virginia.
Do not include on Schedule A items deducted
elsewhere, such as on Schedules ADJ, 760PY ADJ,
or 763 ADJ. See the Form 760 Resident Individual
Income Tax Booklet for information regarding additional
deductions.
Fixed Date Conformity
Complete the FDC Worksheet before completing the
Virginia Schedule A. If you have an addition (Schedule
ADJ, Line 2a) or subtraction (Schedule ADJ, Line 6a)
for Fixed Date Conformity, refer to the FDC Worksheet
to compute your Fixed Date Conformity Federal
Adjusted Gross Income. Use the amount on Line 5 of
the FDC Worksheet, rather than your Federal Adjusted
Gross Income, to compute your Virginia limitations. If
you do not have any additions or subtractions related
to Fixed Date Conformity, continue to use your Federal
Adjusted Gross Income to compute your limitation for
these deductions.
Line Item Exceptions
Medical Expense Deduction. For Virginia purposes,
you are allowed a medical expense deduction only for
qualied expenses that exceed 10 percent of federal
adjusted gross income.
Taxes You Paid. For Virginia purposes, your deduction
is generally not subject to the $10,000 federal limitation
for taxable year 2019 and thereafter. However, if you
are claiming a deduction for general sales taxes
instead of income taxes, ll in the oval and enter on
Line 5a the smaller of the state and local sales taxes
paid by you during the taxable year or $10,000 (or
$5,000 if married ling separately).
VA Dept. of Taxation 2601057 VA Sch A Instr Rev. 10/20
Total Itemized Deductions. For Virginia purposes,
your total itemized deductions may be subject to
an overall limitation on itemized deductions (Pease
limitation) that has been suspended for federal
purposes. If the amount on Line 1 of Forms 760,
760PY, or 763 exceeds $326,050 if ling jointly or
qualifying widow(er), $298,850 if head of household,
$271,700 if single, or $163,025 if married ling a
separate return, use the Limited Itemized Deduction
Worksheet to compute your itemized deduction
limitation and state and local income tax modication.
If you claimed a deduction for foreign income taxes
on Line 6 of the Virginia Schedule A, enter on Line 13
of the Limited Itemized Deduction Worksheet the sum
of such foreign income taxes and the state and local
income tax from Virginia Schedule A, Line 5a (not to
exceed $10,000 or $5,000 if married ling separately).
If your ling status is dierent for federal and Virginia
purposes, complete Lines 1-11 of the Limited Itemized
Deduction Worksheet based upon your federal ling
status and as though you were a Virginia resident for
the entire taxable year. Then, do not complete Line
12(a) and instead complete Line 12(b). If you are a
Virginia resident (Form 760) or Virginia nonresident
(Form 763), enter on Line 12(b) all itemized deductions
that you may claim on your Virginia Schedule A based
upon your Virginia ling status, regardless of whether
the itemized deductions were paid while a Virginia
resident. If you are a Virginia part year resident (Form
760PY), enter on Line 12(b) those itemized deductions
that you may claim on your Virginia Schedule A
based upon your Virginia ling status if such itemized
deductions were paid while a Virginia resident. After
Line 12(b) is nished, complete Lines 13-15 of the
Limited Itemized Deduction Worksheet. Line 13 should
be completed based upon your Virginia ling status.
Part year residents should enter on Line 13 only the
amount paid while a Virginia resident.
State and Local Income Taxes. Generally, enter on
Line 18 the state and local income tax from Line 5a.
If your total on Line 17 was limited, enter on Line 18
the amount from Part B, Line 15 of the limited itemized
deduction worksheet.
For Virginia income tax purposes, federal itemized
deductions are reduced by the amount of income taxes
imposed by Virginia or any other taxing jurisdiction
and reported as an itemized deduction. If state and
local income tax is the only federal itemized deduction
you are claiming on the Virginia return enter zero on
Form 760, Line 10.
Foreign Income Taxes. If you claimed a deduction for
foreign income taxes on Line 6, list the amount and ll
in the bubble. Enter on Line 18 the amount of foreign
income tax deduction, plus any amounts from Line 5a.
If your total on Line 17 was limited, enter on Line 18
the amount from Part B, Line 15 of the limited itemized
deduction worksheet.
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*VASCHA120888* 2020 Virginia Schedule A (Virginia Department of Motor Vehicles)

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Completed 11 December 2021

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