|Office of the
|P.O. Box 60000
TAXES 08-07, Virginia State Income Tax Withholding
|Title:||I, Payroll/Personnel Manual|
|Chapter:||28, Section 2, Tax Formulas (TAXES)|
|Bulletin:||TAXES 08-07, Virginia State Income Tax Withholding|
|Date:||February 29, 2008|
|To:||Holders of TAXES (State of Virginia only)
Personnel User Groups
T&A Contact Points in Virginia
Beginning with wages paid for Pay Period 4, the National Finance Center (NFC) will make the following changes to the state of Virginia income tax withholdings:
- The personal exemption allowance will increase from $900 to $930.
Note: The additional exemption allowance for employees and spouses who are age 65 or over and/or legally blind will remain $800.
To view the updated tax formula, go to NFC's Home Page (www.nfc.usda.gov) and click the Publications link at the top of the page. At the Publications page right-hand menu, click Tax Formulas and select the appropriate state from the map provided. Changes to the tax formula are identified by " ."
For questions about NFC processing, contact the Payroll/Personnel Call Center at 504-255-4630.
MARK J. HAZUDA, Director
Government Employees Services Division