Bulletin Number
VTB 83-1
Tax Type
Individual Income Tax
Description
Child and Dependent Care Deduction
Topic
Taxable Income
Date Issued
01-20-1983
Virginia Department of Taxation
Tax Bulletin 83-1
DATE: January 20, 1983
SUBJECT: Individual Income Tax
Child And Dependent Care Deduction
The purpose of this tax bulletin is to clarify the amount of the federal child and dependent care expenses which may be claimed as a deduction on the 1982 Virginia return, Form 760.
Computation of the 1982 Virginia Child And Dependent Care Deduction has been changed as the result of legislation enacted by the 1982 General Assembly. The Virginia deduction is now equal to the amount of employment related expenses upon which the federal credit is based under § 44A of the Internal Revenue Code. This amendment is effective for taxable years beginning on and after January 1, 1982.
The deduction to be reported in Part V, Line 38 of the Virginia Individual Income Tax Return is the sum of Line 7 and five times the amount on Line 9 of federal Form 24419 Credit For Child and Dependent Care Expenses.
See § 53-151.013(d)(4), Code of Virginia (Chapter 633, 1982 Acts of Assembly 9 Senate Bill 69)
Tax Bulletins