Virginia Tax Credits
Review the credits below to see what you may be able to deduct from the tax you owe. In addition to credits, Virginia offers a number of deductions and subtractions from income that may help reduce your tax liability.
To learn more about the Land Preservation Tax Credit, see our Land Preservation Tax Credit page.
- Individuals & Families
- Farming & Agriculture
- Environmental
- Business Development
- Housing & Community Development
- Miscellaneous
- Expired or Repealed
Common Individual Credits
- Credit for Taxes Paid to Another State - See Schedule OSC
- Virginia Earned Income Tax Credit & Low Income Individuals Credit - See Schedule ADJ
Farming and Agriculture Credits
Business Research, Development & Investment Credits
Housing, Community Development & Rehabilitation Tax Credits
Expired or Repealed Credits
The following credits have either expired or been repealed. However, taxpayers with carryover amounts may continue to claim the credits until their eligible amounts are exhausted or as otherwise provided by law. See the individual credit instructions for more information.
- Barge and Rail Usage Tax Credit
- Clean Fuel Vehicle and Advanced Cellulosic Biofuels Job Creation Tax Credit
- Coalfield Employment Enhancement Credit
- Coal Employment and Production Incentive Tax Credit
- Conservation Tillage Equipment Credit
- Day-Care Facility Investment Credit
- Fertilizer and Pesticide Application Equipment Credit
- Food Crop Donation Credit
- Green and Alternative Energy Job Creation Tax Credit
- Hardwood Initiative Tax Credit
- International Trade Facility Tax Credit
- Long-Term Care Insurance Credit
- Low Income Housing Credit
- Major Business Facility Job Credit
- Major Research and Development Credit
- Port Volume Increase Tax Credit
- Rent Reduction Program Credit
- Research and Development Tax Credit (Refundable)
- Telework Expenses Credit
- Worker Retraining Tax Credit