{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-491.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-491.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-491.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-491.html"}],"law_id":68632,"edition_id":1,"section_id":68632,"structure_id":14845,"section_number":"58.1-491","catch_line":"Payments of estimated tax","history":"Code 1950, \u00a7 58-151.22; 1962, c. 612; 1978, c. 157; 1984, c. 675.","full_text":"A\n\nThe estimated tax with respect to which a declaration is required shall be paid as follows:1\n\nIf the declaration is filed on or before May 1 of the taxable year, the estimated tax shall be paid in four equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second, third and fourth installments shall be paid on the following June 15, September 15, and January 15, respectively.2\n\nIf the declaration is filed after May 1 and not after June 15 of the taxable year, and is not required to be filed on or before May 1 of the taxable year, the estimated tax shall be paid in three equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second and third installments shall be paid on the following September 15 and January 15, respectively.3\n\nIf the declaration is filed after June 15 and not after September 15 of the taxable year, and is not required to be filed on or before June 15 of the taxable year, the estimated tax shall be paid in two equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second shall be paid on the following January 15.4\n\nIf the declaration is filed after September 15 of the taxable year, and is not required to be filed on or before September 15 of the taxable year, the estimated tax shall be paid in full at the time of the filing of the declaration.5\n\nIf the declaration is filed after the time prescribed therefor, or after the expiration of any extension of time therefor, subdivisions 2, 3, and 4 of this subsection shall not apply, and there shall be paid at the time of such filing all installments of estimated tax payable at or before such time, and the remaining installments shall be paid at the times at which, and in the amounts in which, they would have been payable if the declaration had been filed when due.B\n\nIf an individual referred to in subsection F of § 58.1-490 (relating to income from farming or fishing) makes a declaration of estimated tax after September 15 of the taxable year and on or before the following January 15, the estimated tax shall be paid in full at the time of the filing of the declaration.C\n\nIf any amendment of a declaration is filed, the remaining installments, if any, shall be ratably increased or decreased (as the case may be) to reflect any increase or decrease in the estimated tax by reason of such amendment, and if any amendment is made after September 15 of the taxable year, any increase in the estimated tax by reason thereof shall be paid at the time of making such amendment.D\n\nThis section shall apply to a taxable year of less than twelve months in accordance with regulations of the Tax Commissioner.E\n\nThis section shall apply to a taxable year other than a calendar year by the substitution of the months of such fiscal year for the corresponding months specified in this section.F\n\nAn individual may elect to pay any installment of his estimated tax prior to the date prescribed for its payment. An individual may also elect to file a declaration of estimated tax in the closing days of a calendar year for his taxable year about to begin, and may pay in full the amount of his estimated tax for such taxable year at the time he files the declaration.G\n\nPayment of the estimated tax, or any installment thereof, shall be considered payment on account of the tax for the taxable year.H\n\nThe Tax Commissioner may grant a reasonable extension of time for payment of estimated tax (or any installment), or for filing any declaration pursuant to this article, on condition that the taxpayer shall pay interest on the amount involved at a rate determined in accordance with § 58.1-15, from the time the payment was due until the time of payment. Except for a taxpayer who is outside the United States, no such extension shall exceed six months.","order_by":null,"text":{"0":{"id":248398,"text":"The estimated tax with respect to which a declaration is required shall be paid as follows:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":248399,"text":"If the declaration is filed on or before May 1 of the taxable year, the estimated tax shall be paid in four equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second, third and fourth installments shall be paid on the following June 15, September 15, and January 15, respectively.","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":248400,"text":"If the declaration is filed after May 1 and not after June 15 of the taxable year, and is not required to be filed on or before May 1 of the taxable year, the estimated tax shall be paid in three equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second and third installments shall be paid on the following September 15 and January 15, respectively.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":248401,"text":"If the declaration is filed after June 15 and not after September 15 of the taxable year, and is not required to be filed on or before June 15 of the taxable year, the estimated tax shall be paid in two equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second shall be paid on the following January 15.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":248402,"text":"If the declaration is filed after September 15 of the taxable year, and is not required to be filed on or before September 15 of the taxable year, the estimated tax shall be paid in full at the time of the filing of the declaration.","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":248403,"text":"If the declaration is filed after the time prescribed therefor, or after the expiration of any extension of time therefor, subdivisions 2, 3, and 4 of this subsection shall not apply, and there shall be paid at the time of such filing all installments of estimated tax payable at or before such time, and the remaining installments shall be paid at the times at which, and in the amounts in which, they would have been payable if the declaration had been filed when due.","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"B"},"6":{"id":248404,"text":"If an individual referred to in subsection F of § 58.1-490 (relating to income from farming or fishing) makes a declaration of estimated tax after September 15 of the taxable year and on or before the following January 15, the estimated tax shall be paid in full at the time of the filing of the declaration.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A5","next_prefix":"C"},"7":{"id":248405,"text":"If any amendment of a declaration is filed, the remaining installments, if any, shall be ratably increased or decreased (as the case may be) to reflect any increase or decrease in the estimated tax by reason of such amendment, and if any amendment is made after September 15 of the taxable year, any increase in the estimated tax by reason thereof shall be paid at the time of making such amendment.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"8":{"id":248406,"text":"This section shall apply to a taxable year of less than twelve months in accordance with regulations of the Tax Commissioner.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"9":{"id":248407,"text":"This section shall apply to a taxable year other than a calendar year by the substitution of the months of such fiscal year for the corresponding months specified in this section.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"F"},"10":{"id":248408,"text":"An individual may elect to pay any installment of his estimated tax prior to the date prescribed for its payment. An individual may also elect to file a declaration of estimated tax in the closing days of a calendar year for his taxable year about to begin, and may pay in full the amount of his estimated tax for such taxable year at the time he files the declaration.","type":"section","prefixes":["F"],"prefix":"F","entire_prefix":"F","prefix_anchor":"F","level":1,"prior_prefix":"E","next_prefix":"G"},"11":{"id":248409,"text":"Payment of the estimated tax, or any installment thereof, shall be considered payment on account of the tax for the taxable year.","type":"section","prefixes":["G"],"prefix":"G","entire_prefix":"G","prefix_anchor":"G","level":1,"prior_prefix":"F","next_prefix":"H"},"12":{"id":248410,"text":"The Tax Commissioner may grant a reasonable extension of time for payment of estimated tax (or any installment), or for filing any declaration pursuant to this article, on condition that the taxpayer shall pay interest on the amount involved at a rate determined in accordance with § 58.1-15, from the time the payment was due until the time of payment. Except for a taxpayer who is outside the United States, no such extension shall exceed six months.","type":"section","prefixes":["H"],"prefix":"H","entire_prefix":"H","prefix_anchor":"H","level":1,"prior_prefix":"G"}},"ancestry":[{"id":14845,"edition_id":1,"name":"Estimated Tax","identifier":"19","label":"article","depth":4,"order_by":1,"parent_id":13152,"metadata":{},"date_created":"2026-06-26 03:50:21","date_modified":"2026-06-26 03:50:21","permalink":{"id":253925,"object_type":"structure","relational_id":14845,"identifier":"19","token":"58.1\/I\/3\/19","url":"\/58.1\/I\/3\/19\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13152,"edition_id":1,"name":"Income Tax","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12837,"metadata":{},"date_created":"2026-06-26 03:44:21","date_modified":"2026-06-26 03:44:21","permalink":{"id":253267,"object_type":"structure","relational_id":13152,"identifier":"3","token":"58.1\/I\/3","url":"\/58.1\/I\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12837,"edition_id":1,"name":"Taxes Administered by the Department of Taxation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:55","date_modified":"2026-06-26 03:43:55","permalink":{"id":252075,"object_type":"structure","relational_id":12837,"identifier":"I","token":"58.1\/I","url":"\/58.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58457,"structure_id":14845,"section_number":"58.1-490","catch_line":"Declarations of estimated tax","url":"\/58.1-490\/","token":"58.1\/I\/3\/19\/58.1-490","metadata":false},{"id":68632,"structure_id":14845,"section_number":"58.1-491","catch_line":"Payments of estimated tax","url":"\/58.1-491\/","token":"58.1\/I\/3\/19\/58.1-491","metadata":false},{"id":58343,"structure_id":14845,"section_number":"58.1-491.1","catch_line":"Payments estimated by certain members of the armed services","url":"\/58.1-491.1\/","token":"58.1\/I\/3\/19\/58.1-491.1","metadata":false},{"id":58433,"structure_id":14845,"section_number":"58.1-492","catch_line":"Failure by individual, trust or estate to pay estimated tax","url":"\/58.1-492\/","token":"58.1\/I\/3\/19\/58.1-492","metadata":false},{"id":78772,"structure_id":14845,"section_number":"58.1-493","catch_line":"Declarations of estimated tax to be filed with commissioner of revenue of county or city","url":"\/58.1-493\/","token":"58.1\/I\/3\/19\/58.1-493","metadata":false},{"id":78804,"structure_id":14845,"section_number":"58.1-494","catch_line":"Sheets or forms for recording declarations of estimated tax; recording","url":"\/58.1-494\/","token":"58.1\/I\/3\/19\/58.1-494","metadata":false},{"id":56752,"structure_id":14845,"section_number":"58.1-495","catch_line":"Payment of estimated tax; notice of installment due; information to be transmitted to Department","url":"\/58.1-495\/","token":"58.1\/I\/3\/19\/58.1-495","metadata":false},{"id":66967,"structure_id":14845,"section_number":"58.1-496","catch_line":"Willful failure or refusal to file declaration of estimated tax, or making false and fraudulent statement, a misdemeanor","url":"\/58.1-496\/","token":"58.1\/I\/3\/19\/58.1-496","metadata":false},{"id":60641,"structure_id":14845,"section_number":"58.1-497","catch_line":"Section 58.1-306 applicable to declaration of estimated tax","url":"\/58.1-497\/","token":"58.1\/I\/3\/19\/58.1-497","metadata":false},{"id":83340,"structure_id":14845,"section_number":"58.1-498","catch_line":"Oaths or affirmations unnecessary on returns, declarations and reports; misdemeanor to file false return, declaration or report","url":"\/58.1-498\/","token":"58.1\/I\/3\/19\/58.1-498","metadata":false},{"id":75795,"structure_id":14845,"section_number":"58.1-499","catch_line":"Refunds to individual taxpayers; crediting overpayment against estimated tax for ensuing year","url":"\/58.1-499\/","token":"58.1\/I\/3\/19\/58.1-499","metadata":false}],"previous_section":{"id":58457,"structure_id":14845,"section_number":"58.1-490","catch_line":"Declarations of estimated tax","url":"\/58.1-490\/","token":"58.1\/I\/3\/19\/58.1-490","metadata":false},"next_section":{"id":58343,"structure_id":14845,"section_number":"58.1-491.1","catch_line":"Payments estimated by certain members of the armed services","url":"\/58.1-491.1\/","token":"58.1\/I\/3\/19\/58.1-491.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-491\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1962, chapter 612; in 1978, chapter 157; in 1984, chapter 675.<\/p>","references":[{"id":66015,"section_number":"58.1-344","catch_line":"Extension of time for filing returns","order_by":null,"url":"\/58.1-344\/"},{"id":57652,"section_number":"58.1-453","catch_line":"Extension of time for filing returns by corporations","order_by":null,"url":"\/58.1-453\/"},{"id":58433,"section_number":"58.1-492","catch_line":"Failure by individual, trust or estate to pay estimated tax","order_by":null,"url":"\/58.1-492\/"},{"id":56752,"section_number":"58.1-495","catch_line":"Payment of estimated tax; notice of installment due; information to be transmitted to Department","order_by":null,"url":"\/58.1-495\/"}],"refers_to":[{"id":77006,"section_number":"58.1-15","catch_line":"Rate of interest","order_by":null,"url":"\/58.1-15\/"},{"id":58457,"section_number":"58.1-490","catch_line":"Declarations of estimated tax","order_by":null,"url":"\/58.1-490\/"}],"permalink":{"id":253931,"object_type":"law","relational_id":68632,"identifier":"58.1-491","token":"58.1\/I\/3\/19\/58.1-491","url":"\/58.1-491\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-491\/","token":"58.1\/I\/3\/19\/58.1-491","dublin_core":{"Title":"Payments of estimated tax","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-491","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The estimated tax with respect to which a declaration is required shall be paid as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> If the declaration is filed on or before May 1 of the taxable year, the estimated tax shall be paid in four equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second, third and fourth installments shall be paid on the following June 15, September 15, and January 15, respectively. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> If the declaration is filed after May 1 and not after June 15 of the taxable year, and is not required to be filed on or before May 1 of the taxable year, the estimated tax shall be paid in three equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second and third installments shall be paid on the following September 15 and January 15, respectively. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> If the declaration is filed after June 15 and not after September 15 of the taxable year, and is not required to be filed on or before June 15 of the taxable year, the estimated tax shall be paid in two equal installments. The first installment shall be paid at the time of the filing of the declaration, and the second shall be paid on the following January 15. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> If the declaration is filed after September 15 of the taxable year, and is not required to be filed on or before September 15 of the taxable year, the estimated tax shall be paid in full at the time of the filing of the declaration. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> If the declaration is filed after the time prescribed therefor, or after the expiration of any extension of time therefor, subdivisions 2, 3, and 4 of this subsection shall not apply, and there shall be paid at the time of such filing all installments of estimated tax payable at or before such time, and the remaining installments shall be paid at the times at which, and in the amounts in which, they would have been payable if the declaration had been filed when due. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If an individual<\/span> referred to in subsection F of § 58.1-490<\/a> (relating to income from farming or fishing) makes a declaration of estimated tax after September 15 of the taxable year and on or before the following January 15, the estimated tax shall be paid in full at the time of the filing of the declaration. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If any amendment of a declaration is filed, the remaining installments, if any, shall be ratably increased or decreased (as the case may be) to reflect any increase or decrease in the estimated tax by reason of such amendment, and if any amendment is made after September 15 of the taxable year, any increase in the estimated tax by reason thereof shall be paid at the time of making such amendment. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> This section shall apply to a taxable year of less than twelve months in accordance with regulations of the Tax Commissioner<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> This section shall apply to a taxable year other than a calendar year by the substitution of the months of such fiscal year for the corresponding months specified in this section. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

F.<\/span> An individual<\/span> may elect to pay any installment of his estimated tax prior to the date prescribed for its payment. An individual<\/span> may also elect to file a declaration of estimated tax in the closing days of a calendar year for his taxable year about to begin, and may pay in full the amount of his estimated tax for such taxable year at the time he files the declaration. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

G.<\/span> Payment of the estimated tax, or any installment thereof, shall be considered payment on account of the tax for the taxable year. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

H.<\/span> The Tax Commissioner<\/span> may grant a reasonable extension of time for payment of estimated tax (or any installment), or for filing any declaration pursuant to this article, on condition that the taxpayer<\/span> shall pay interest on the amount involved at a rate determined in accordance with § 58.1-15<\/a>, from the time the payment was due until the time of payment. Except for a taxpayer<\/span> who is outside the United States, no such extension shall exceed six months. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPAYMENTS OF ESTIMATED TAX (\u00a7 58.1-491)\n\nA. The estimated tax with respect to which a declaration is required shall be\npaid as follows:\n\n 1. If the declaration is filed on or before May 1 of the taxable year, the\n estimated tax shall be paid in four equal installments. The first installment\n shall be paid at the time of the filing of the declaration, and the second,\n third and fourth installments shall be paid on the following June 15,\n September 15, and January 15, respectively.\n\n 2. If the declaration is filed after May 1 and not after June 15 of the\n taxable year, and is not required to be filed on or before May 1 of the\n taxable year, the estimated tax shall be paid in three equal installments. The\n first installment shall be paid at the time of the filing of the declaration,\n and the second and third installments shall be paid on the following September\n 15 and January 15, respectively.\n\n 3. If the declaration is filed after June 15 and not after September 15 of the\n taxable year, and is not required to be filed on or before June 15 of the\n taxable year, the estimated tax shall be paid in two equal installments. The\n first installment shall be paid at the time of the filing of the declaration,\n and the second shall be paid on the following January 15.\n\n 4. If the declaration is filed after September 15 of the taxable year, and is\n not required to be filed on or before September 15 of the taxable year, the\n estimated tax shall be paid in full at the time of the filing of the\n declaration.\n\n 5. If the declaration is filed after the time prescribed therefor, or after\n the expiration of any extension of time therefor, subdivisions 2, 3, and 4 of\n this subsection shall not apply, and there shall be paid at the time of such\n filing all installments of estimated tax payable at or before such time, and\n the remaining installments shall be paid at the times at which, and in the\n amounts in which, they would have been payable if the declaration had been\n filed when due.\n\nB. If an individual referred to in subsection F of § 58.1-490 (relating to\nincome from farming or fishing) makes a declaration of estimated tax after\nSeptember 15 of the taxable year and on or before the following January 15, the\nestimated tax shall be paid in full at the time of the filing of the\ndeclaration.\n\nC. If any amendment of a declaration is filed, the remaining installments, if\nany, shall be ratably increased or decreased (as the case may be) to reflect any\nincrease or decrease in the estimated tax by reason of such amendment, and if\nany amendment is made after September 15 of the taxable year, any increase in\nthe estimated tax by reason thereof shall be paid at the time of making such\namendment.\n\nD. This section shall apply to a taxable year of less than twelve months in\naccordance with regulations of the Tax Commissioner.\n\nE. This section shall apply to a taxable year other than a calendar year by the\nsubstitution of the months of such fiscal year for the corresponding months\nspecified in this section.\n\nF. An individual may elect to pay any installment of his estimated tax prior to\nthe date prescribed for its payment. An individual may also elect to file a\ndeclaration of estimated tax in the closing days of a calendar year for his\ntaxable year about to begin, and may pay in full the amount of his estimated tax\nfor such taxable year at the time he files the declaration.\n\nG. Payment of the estimated tax, or any installment thereof, shall be considered\npayment on account of the tax for the taxable year.\n\nH. The Tax Commissioner may grant a reasonable extension of time for payment of\nestimated tax (or any installment), or for filing any declaration pursuant to\nthis article, on condition that the taxpayer shall pay interest on the amount\ninvolved at a rate determined in accordance with § 58.1-15, from the time\nthe payment was due until the time of payment. Except for a taxpayer who is\noutside the United States, no such extension shall exceed six months.\n\nHISTORY: Code 1950, \u00a7 58-151.22; 1962, c. 612; 1978, c. 157; 1984, c. 675.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}