502ADJS: Pass-Through Entity Supplemental Schedule of Adjustments (2024)
Virginia · Virginia Tax · Used for tax years 2024
Virginia Schedule 502ADJS is a supplemental schedule for pass-through entities to report additions to and subtractions from taxable income. Its totals are included in the corresponding totals on Schedule 502ADJ.
Who files this form
Use the 2024 Virginia Schedule 502ADJS if you are claiming more additions or subtractions than Schedule 502ADJ allows. This is a supplemental schedule for pass-through entities.
What you'll need
Have these forms and details available:
- Form 502: Use the name shown on that form and provide your FEIN.
- Schedule 502ADJ: Include the supplemental totals in the matching additions and subtractions totals on this schedule.
- Form 502 Instructions: Refer to these for addition and subtraction codes.
- Adjustment amounts: Each addition or subtraction entry has a space for its code and dollar amount.
Questions people ask
Where do I report additions and subtractions?
Report additions to taxable income in Section A and subtractions from taxable income in Section B. Each section has 15 entry lines for codes and dollar amounts.
Where does the total for additions go?
Add Section A, Lines 1–15, and enter the result on Line 16. Include that amount in the total on Schedule 502ADJ, Section A, Line 5.
Where does the total for subtractions go?
Add Section B, Lines 1–15, and enter the result on Line 16. Include that amount in the total on Schedule 502ADJ, Section B, Line 5.
What if I need more space?
Use additional Schedules 502ADJS if necessary.
Where can I find the adjustment codes?
Refer to the Form 502 Instructions for addition and subtraction codes.