Virginia Income Tax Brackets2026

Find your tax bracket based on income and filing status. Compare federal and state tax rates side by side.

Virginia residents who work for themselves face a unique combination of federal and state tax obligations. This page provides state-specific guidance for income tax brackets in Virginia for the 2026 tax year, drawing on IRS publications and Virginia tax authority data.

Virginia imposes a state income tax with 4 tax brackets and a top marginal rate of 5.8%. The state standard deduction is $8,750, and self-employed residents must pay both federal and state income taxes on their net earnings. Forming an LLC in Virginia costs $100 in state filing fees. LLCs in Virginia must pay an annual report fee of $50. The state sales tax rate in Virginia is 5%, which applies to most business purchases and sales of taxable goods. Quarterly estimated tax payments are due April 15, June 16, September 15, and January 15 in Virginia. Understanding these obligations before you file prevents penalties and identifies legitimate savings opportunities.

Quick Virginia Tax Estimate

Based on Virginia's tax rates for 2026. Sample calculation for $80,000 net profit.

State Tax on $80K Profit
$2,171.63
SE Tax
$11,303.64
Effective Rate
22.9%
Marginal Rate
12%

Virginia Tax Facts — 2026

Virginia State Income TaxYes
Virginia Sales Tax5%
LLC Filing Fee$100
Annual Report Fee$50

How to Use This Calculator

Review the Virginia-specific information on this page, then use the linked calculators to compute your personalized estimates. Enter your income and expenses, select Virginia, and review your results. Cross-check key figures against the official Virginia tax authority website linked in the resources section.

Why Getting This Right Matters

Tax mistakes cost Virginia self-employed individuals real money — penalties, interest, and missed deductions. Accurate state-specific guidance means paying exactly what you owe, claiming every deduction available, and avoiding costly surprises. The 8% IRS underpayment rate plus Virginia state penalties make accuracy a financial necessity.

Virginia Income Tax Brackets (2026)

Tax RateFromTo
2%$0$3,000
3%$3,001$5,000
5%$5,001$17,000
5.8%$17,001No limit

Frequently Asked Questions

What are the tax obligations for self-employed workers in Virginia?
Self-employed Virginia residents pay 15.3% federal self-employment tax, federal income tax, and Virginia state income tax. Quarterly estimated payments are required if you expect to owe $1,000+. Use our self-employment tax calculator for your personalized estimate.
Where can I find official Virginia tax information?
The authoritative source is the Virginia Department of Revenue website, linked in the resources section below. The IRS website provides federal guidance including Schedule SE instructions and Publication 334. Always verify current-year figures with official sources before filing.
What forms do Virginia self-employed individuals file?
Federal: Form 1040 with Schedule C (business profit/loss), Schedule SE (self-employment tax), and Form 1040-ES (quarterly estimates). Virginia requires a separate state income tax return — check the state Department of Revenue website for the exact form number and filing method.
How does Virginia compare to other states for self-employed taxes?
Virginia imposes a state income tax with 4 tax brackets and a top marginal rate of 5.8%. The state standard deduction is $8,750, and self-employed residents must pay both federal and state income taxes on their net earnings. Compare your total tax burden against all 50 states using our state tax comparison tool to see potential savings from relocation or remote work.

Official Resources & References

Disclaimer: This calculator provides estimates for informational purposes only. It does not constitute tax, legal, or financial advice. Tax laws change frequently and vary by individual circumstances. Always consult a qualified CPA or tax professional before making tax decisions.