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Got an explanation on the $110/$220 supplement and July 1 filing
I happen to know someone at DEPT. of Tax - a really brainiac about all tax matters.
About 300,000 to 350,000 people every year don’t file by May 1st. There is an automatic 6 month extension in Virginia I didn’t know that. No form or proof is needed as long as you’ve already paid (like out of your paycheck) 100% of your liability. They used to get 300,000 or so of these pieces of paper and it was more of a hassle (storage/record retention) than it was worth so they made it automatic.
They are trying to get people on the extension to go ahead and file. He said he’s pretty sure the General Assembly will Okay this supplement for people who don’t file by July 1.
