VIRGINIA & FEDERAL · TAXES

Tax Credits

This page summarizes where to find official information on Virginia state and federal tax credits for individuals. Tax credit rules, income limits, and amounts change by tax year; always confirm current details with the official source before filing.

Virginia state tax credits

The Virginia Department of Taxation publishes the full, current list of individual income tax credits. Two frequently used ones:

• Common Individual Credits — Virginia Tax's overview of the most-used individual credits

• Virginia Earned Income Tax Credit and Credit for Low Income Individuals — for eligible working individuals and families with lower income

For the complete, current list, see Resources for Individual Taxpayers on Virginia Tax's website.

Federal tax credits

Federal tax credits, including the federal Earned Income Tax Credit, Child Tax Credit, and home energy efficiency credits, are administered by the Internal Revenue Service (IRS). Always use irs.gov for federal eligibility rules and current amounts.

How to claim a credit

Tax credits are claimed when you file your state and/or federal tax return, not through a separate application. If you use tax preparation software or a paid preparer, ask specifically whether you qualify for the credits listed on this page; many go unclaimed simply because taxpayers do not know to ask.

Before you file

•Confirm the current year's income limits and credit amounts directly on tax.virginia.gov or irs.gov; they can change annually

•Never pay a third party a fee just to be told whether a tax credit exists; that information is free on the official sites above

•If you are unsure how a credit applies to your situation, consider a qualified tax professional. Money Signal News does not provide tax advice

See our Official Sources page for the full list of agencies referenced here.

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Last Verified: August 28, 2026