2015 Code of Virginia
Title 58.1 - Taxation
§ 58.1-480. Withheld amounts credited to individual taxpayer; withholding statement to be filed with return
The amount deducted and withheld under this article during any calendar year from the wages of any individual shall be allowed to the recipient of the income as a credit against the tax imposed by this chapter for the taxable year beginning in such calendar year. If more than one taxable year begins in a calendar year, such amount shall be allowed as a credit against the tax for the last taxable year so beginning. As a prerequisite to obtaining such credit the individual taxpayer must file with his income tax return one copy of the withholding statement provided for by § 58.1-478.
Code 1950, § 58-151.17; 1962, c. 612; 1984, c. 675.
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