500V: Corporation Income Tax Payment Voucher (2024)
Virginia · Virginia Tax · Used for tax years 2024
Form 500V is Virginia’s Corporation Income Tax Payment Voucher for use only with an approved waiver from electronic payment. It records the corporation’s identifying information, taxable year ending date, and payment amount.
Who files this form
Use Form 500V, the Virginia Corporation Income Tax Payment Voucher, only if your corporation has an approved waiver from electronic payment requirements.
The form states that payment of the total due on Form 500 must otherwise be made electronically.
What you'll need
You must have an approved waiver to use this voucher. Have the following information ready to complete it:
- Federal employer identification number (FEIN).
- Corporation name and the first four letters of its name.
- Mailing address, including city, state, and ZIP code.
- Date and phone number.
- Payment amount.
- Tax period ending month and year.
How to file
Pay the total due on Form 500 using one of these electronic methods:
- The e-File system when filing the return.
- The eForms system.
- An ACH Credit from your bank.
Use the paper voucher only if you have an approved waiver. The voucher lists this mailing address:
Virginia Department of Taxation
P.O. Box 1500
Richmond, VA 23218-1500
To request a waiver, follow the instructions at www.tax.virginia.gov or call (804) 367-8037 to obtain a waiver request form.
Common mistakes
- Using the voucher without an approved waiver. The form warns that payment must be made electronically unless you have an approved waiver.
- Leaving out the tax period ending month or year. The form directs you to enter the ending month as a number and the ending year.
Questions people ask
Can I use Form 500V instead of paying electronically?
Only if you have an approved waiver. The form states that payment must be made electronically otherwise.
Which electronic payment methods are listed?
You can pay through the e-File system when filing the return, through the eForms system, or with an ACH Credit from your bank.
How do I request a waiver?
Follow the instructions at www.tax.virginia.gov or call (804) 367-8037 to obtain a waiver request form.
What tax period information does the voucher ask for?
Enter the numerical ending month and the ending year. The voucher includes options for a calendar year, fiscal year, or short taxable year, and shows month 12 for a calendar year.