Due to increased federal withholding, federal workers will see a lower number on their annuity checks. Higher health insurance premiums and no cost-of-living adjustments for two years make this change even more noticable.
Retirees can affect the amount of their checks bu adjusting their federal tax withholding deductions at www.opm.gov/retire or by calling 1-888-767-6738. Be aware that changing the amount of withholdings will not change your tax liability.
Aside from the federal taxes, residents also have to pay state taxes. Below are a few useful links that will help you prepare your Virginia state tax return.
Virginia Department of Taxation : Find forms and instructions for individuals and businesses.
Virginia Tax Rate Schedule and Tax Table : Taxes at a glance
Tax Table Calculator : Use this calculator to compute your Virginia tax amount based on your taxable income.
2010 Resident 760 : Resident Individual Income Tax Booklet
Sometimes you find yourself in a situation where you would like to know what the law says about a certain topic. But where to start? And how? Law and everything related can be so intimidating: it seems complicated, overwhelming, unorganized, contradicting …
But fear not! Your law library is here to help.
In addition to important and up-to-date print resources, the CRRL offers its patrons access to Westlaw, one of the leading legal research databases.