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March 21, 2025
Question

Line 3 in VA Form 760C

  • March 21, 2025
  • 1 reply
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If I got a tax refund for 2023, do I still have to fill a non-zero value in line 3 of Form 760C? Does tax liability mean how much I underpaid in 2023 or how much tax was computed as my tax due amount based on my income, interest, etc.?

    1 reply

    AmyC
    March 21, 2025

    Yes, your actual tax liability is needed. Look at last year's return, enter the net tax.

     

    You want to enter the actual tax liability from 2023 so the program can determine if you  paid the lower of:

    • all of last year's tax
    • 90% of this year

     

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