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Virginia Free Printable 2019 Virginia Schedule CR Credit Computation Schedule for 2020 Virginia Credit Computation Schedule for Forms 760, 760PY, 763 and 765

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Credit Computation Schedule for Forms 760, 760PY, 763 and 765
2019 Virginia Schedule CR Credit Computation Schedule

2019 Virginia Schedule CR CREDIT COMPUTATION SCHEDULE - See Page 8 and Schedule CR Instructions for required enclosures. Enclose this with your return. Name(s) as shown on Virginia return SECTION 1 - NONREFUNDABLE CREDITS  Your Social Security Number - - Whole Dollars Only PART 1 - MAXIMUM SCHEDULE CR NONREFUNDABLE CREDITS A Enter the total tax computed on your return less the total of Spouse Tax Adjustment, Credit for Low-Income Individuals or Virginia Earned Income Credit, and Credit for Tax Paid to Another State. The maximum nonrefundable credits allowable in Section 2, Line 1A of Schedule CR may not exceed this amount. ......................................................................................................1A * PART 2 - ENTERPRISE ZONE ACT CREDIT A Credit allowable this year from Form 301 (enclose Form 301). ............................................. 2A , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 PART 3 - NEIGHBORHOOD ASSISTANCE ACT CREDIT A Authorized amount of Neighborhood Assistance Act Credit. .................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B ...................................................................................C __________________ D Credit allowable this year: Line C or balance of maximum credit available, whichever is less. ........................................................................................................3D E Carryover credit to next year: Line C less Line D (applicable only if within 5-year carryover period). ................................................................ E __________________ PART 4 - RECYCLABLE MATERIALS PROCESSING EQUIPMENT CREDIT A Enter 20% of qualifying recyclable equipment cost. ................................. A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Enter 40% of tax per return. .....................................................................D __________________ E Maximum Recyclable Materials Processing Equipment Credit. Line C or Line D, whichever is less. ......................................................... E __________________ F Credit allowable this year: Line E or balance of maximum credit available, whichever is less. ........................................................................................................ 4F G Carryover credit to next year: Line C less Line F (applicable only if within 10-year carryover period). ..............................................................G __________________ * PART 5 - CONSERVATION TILLAGE EQUIPMENT CREDIT A Enter 25% of qualifying property cost or $4,000, whichever is less. ........ A __________________ B Carryover credit from prior year(s) (enclose computation) . ..................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Line C or balance of maximum credit available, whichever is less. ........................................................................................................5D E Carryover credit to next year: Line C less Line D (applicable only if within 5-year carryover period). ................................................................ E __________________ * PART 6 - PRECISION FERTILIZER AND PESTICIDE APPLICATION EQUIPMENT CREDIT A Enter 25% of current qualifying equipment cost or $3,750, whichever is less. ................................................................................... A __________________ B Carryover credit from prior year(s) (enclose computation). ...................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Line C or balance of maximum credit available, whichever is less. ....................................................................................................... 6D E Carryover credit to next year: Line C less Line D (applicable only if within 5-year carryover period). ................................................................ E __________________ 2601450 Rev. 08/19 2019 Schedule CR Page 2 Name(s) as shown on Virginia return  Social Security Number - - * PART 7 - CLEAN-FUEL VEHICLE AND VEHICLE EMISSIONS TESTING EQUIPMENT CREDITS &OHDQ)XHO9HKLFOHDQG4XDOL¿HG(OHFWULF9HKLFOH&UHGLW A Carryover credit from prior year(s) (enclose computation). ...................... A __________________ B Credit allowable this year: Line A or balance of maximum credit available, whichever is less. ....................................................................................................... 7B C Carryover credit to next year: Line A less Line B (applicable only if within 5-year carryover period). ................................................................C __________________ , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 Vehicle Emissions Testing Equipment Credit  D  Enter 20% of the purchase or lease price paid during the year for TXDOL¿HGYHKLFOHHPLVVLRQVWHVWLQJHTXLSPHQW.........................................D __________________ E Carryover credit from prior year(s) (enclose computation). ...................... E __________________ F Add Lines D and E.................................................................................... F __________________ G Credit allowable this year: Line F or balance of maximum credit available, whichever is less. ...................................................................................................... H Carryover credit to next year: Line F less Line G (applicable only if within 5-year carryover period). .............................................................H __________________ 7G PART 8 - MAJOR BUSINESS FACILITY JOB TAX CREDIT A Current credit amount authorized by the Department of Taxation (include all expansions). ........................................................................... A __________________ B Carryover credit from prior years (include all expansions). ...................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Line C or the balance of the maximum credit available, whichever is less. ............................................................................................. 8D E Carryover credit to next year: Line C less Line D (applicable only if within 10-year carryover period). ................................. E __________________ 9 - FOREIGN SOURCE RETIREMENT INCOME TAX CREDIT * PART A Qualifying taxable income on which the tax in the foreign country is based (See instructions). ......................................................... A __________________ B Virginia taxable income (See instructions). .............................................. B __________________ C Qualifying tax paid to the foreign country. Enter name of country:___________________________________ .......C __________________ D Virginia income tax (See instructions). .....................................................D __________________ E Income percentage. Divide Line A by Line B. Compute to one decimal place, not to exceed 100%. For example, 0.3163 becomes 31.6%. ........ E __________________ F Multiply Line D by Line E. ......................................................................... F __________________ G Credit allowable this year: Enter the lesser of Line C or Line F, not to exceed the balance of maximum credit available. ........................................................... 9G PART 10 - HISTORIC REHABILITATION TAX CREDIT A Enter the amount of eligible expenses. .................................................... A __________________ B Multiply the amount on Line A by 25%...................................................... B __________________ C Carryover credit from prior year(s). ..........................................................C __________________ D Add Lines B and C....................................................................................D __________________ E Credit allowable this year: Enter the amount from Line D or the balance of maximum credit available, whichever is less. Each credit holder cannot claim more than $5 million. ............................................................................... 10E F Carryover credit to next year: Line D less Line E. (applicable only within 10-year carryover period). ........................ F __________________ 2019 Schedule CR Page 3 Name(s) as shown on Virginia return  Social Security Number - - PART 11 - QUALIFIED EQUITY AND SUBORDINATED DEBT INVESTMENTS TAX CREDIT SPOUSE A YOU Credit amount authorized by the Department of Taxation. ...................................... _________________ _________________ Carryover credit from prior year(s). ..................... _________________ _________________ C Add Lines A and B. .............................................. _________________ _________________ D Credit(s) allowable this year: Your credit: Enter the amount from Line C, YOU column or the balance of maximum credit available, whichever is less (not to exceed $50,000 per taxpayer). ...........................................................................................Your credit B 11D , , . 00 , , . 00 , , . 00 , . 00 , , . 00 , , . 00 Be sure to claim the proper credit on the total lines E F Spouse’s credit: Enter the amount from Line C, SPOUSE column or the balance of maximum credit available, whichever is less (not to exceed $50,000 per taxpayer). ............................................................................... Spouse’s credit 11E Carryover credit to next year: Line C less Line D and/or Line E .......(applicable only within 15-year carryover period). ................. __________________ _________________ PART 12 - WORKER RETRAINING TAX CREDIT A Carryover credit from prior year(s) ........................................................... A __________________ B Credit allowable this year: Enter the amount from Line A or the balance of maximum credit available, whichever is less. ........................................................ C Carryover credit to next year: Line A less Line B (applicable only within 3-year carryover period). ......................................C __________________ 12B * PART 13 - WASTE MOTOR OIL BURNING EQUIPMENT CREDIT A Enter 50% of the purchase price paid during the taxable year for equipment used exclusively for burning waste motor oil at your facility. .. A __________________ B Credit allowable this year: Enter the amount from Line A, up to $5,000 (not to exceed balance of maximum credit available). ................................................ 13B PART 14 - CREDIT FOR PURCHASE OF LONG-TERM CARE INSURANCE * * For policies purchased 1/1/2011 - 12/31/2013 only * * This credit was repealed for taxable years beginning on or after January 1, 2014. Long-Term care insurance tax credits earned and unclaimed prior to January 1, 2014, may be claimed below. Enter the date the policy was issued to you. Issue date must be on or after 1/01/2011 and prior to 1/01/2014. ............................................ __________________ Enter the date the policy was issued to your spouse. Issue date must be on or after 1/01/2011 and prior to 1/01/2014. ............................................. __________________ A Carryover credit from prior year(s). .......................................................... A __________________ B Credit allowable this year: Enter the amount from Line A or the balance of maximum credit available, whichever is less .......................................................... 14B Carryover credit to next year: Line A less Line B (5-year carryover period) ..............................................................C __________________ C * PART 15 - BIODIESEL AND GREEN DIESEL FUELS TAX CREDIT A Enter the amount of Biodiesel and Green Diesel Fuels Tax Credit authorized by the Virginia Department of Taxation or the amount transferred to you in the current year. ...................................................................................... A _________________ B Carryover credit from prior year(s). ............................................................ B _________________ C Add Lines A and B. .....................................................................................C _________________ D Enter the total credit transferred to others in the current year. ...................D _________________ E Subtract Line D from Line C. ...................................................................... E _________________ F Credit allowable this year: Enter the amount from Line E or the balance of maximum credit available, whichever is less. .............................................. G Carryover credit to next year: Line E less Line F (applicable only within 3-year carryover period). ........................................G _________________ 15F 2019 Schedule CR Page 4 Name(s) as shown on Virginia return  Social Security Number - - PART 16 - LIVABLE HOME TAX CREDIT A Enter the amount of the Livable Home Tax Credit authorized by the Department of Housing and Community Development. ............................. A _________________ B Carryover credit from prior year(s). ............................................................ B _________________ C Add Lines A and B .....................................................................................C _________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 7-year carryover period). ........................................ E _________________ , . 00 , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 16D PART 17 - RIPARIAN WATERWAY BUFFER TAX CREDIT  $ (QWHUWKHDPRXQWRI5LSDULDQ:DWHUZD\%XႇHU7D[&UHGLW authorized by the Virginia Department of Forestry. .................................. A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. 17D Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ E PART 18 - LAND PRESERVATION TAX CREDIT A SPOUSE YOU Credit amount authorized or the amount transferred to you and/or spouse in the current year.......................................................... _________________ _________________ B Carryover credit from prior year(s). ..................... _________________ _________________ C Add Lines A and B. .............................................. _________________ _________________ D Total credit transferred to others in the current year.................................................... _________________ _________________ E Subtract Line D from Line C. ............................... _________________ _________________ F Credit(s) allowable this year: Your credit: Enter the amount from Line E, YOU column or the balance of maximum credit available, whichever is less (not to exceed $20,000 per taxpayer). ........................................................................................... Your credit 18F Be sure to claim the proper credit on the total lines. G Spouse’s credit: Enter the amount from Line E, SPOUSE column or the balance of maximum credit available, whichever is less (not to exceed $20,000 per taxpayer). ................................................................................... Spouse’s credit 18G H Carryover credit to next year: Line E less Line F and/or Line G (see instructions). .............. __________________ _________________ PART 19 - COMMUNITY OF OPPORTUNITY TAX CREDIT A Enter the amount of credit authorized by the Department of Housing and Community Development. ........................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter amount from Line C or the balance of maximum credit available, whichever is less. .................................................. E Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ 19D PART 20 - GREEN JOBS CREATION TAX CREDIT A Enter the total eligible credit amount for each green job with an annual salary that is $50,000 or more. ......................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ 20D 2019 Schedule CR Page 5 Name(s) as shown on Virginia return  Social Security Number - - PART 21 - FARM WINERIES AND VINEYARDS TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 10-year carryover period). .................................... E __________________ 21D , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 PART 22 - INTERNATIONAL TRADE FACILITY TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Enter 50% of tax per return. .....................................................................D __________________ E Maximum International Trade Facility Tax Credit: Enter the amount from Line C or Line D, whichever is less. ................................... E __________________ F Credit allowable this year: Enter the amount from Line E or the balance of maximum credit available, whichever is less. .............................................. G Carryover credit to next year: Line C less Line F (applicable only within 10-year carryover period). ....................................G __________________ 22F PART 23 - PORT VOLUME INCREASE TAX CREDIT A Enter the total credit amount originating in 2019 or the amount of credit transferred to you in 2019. ............................................. A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Enter the credit amount earned during 2019 that was transferred to others .................................................................................D __________________ E Line C less Line D .................................................................................... E __________________ F Credit allowable this year: Enter the amount from Line E or the balance of maximum credit available, whichever is less. .............................................. G Carryover credit to next year: Line E less Line F (applicable only within 5-year carryover period). ......................................G __________________ 23F PART 24 - BARGE AND RAIL USAGE TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ 24D PART 25 - RESEARCH AND DEVELOPMENT EXPENSES TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Credit allowable this year: Enter the amount from Line A or the balance of maximum credit available, whichever is less. ............................................... 25B 2019 Schedule CR Page 6 Name(s) as shown on Virginia return  Social Security Number - - PART 26 - EDUCATION IMPROVEMENT SCHOLARSHIPS TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Education. ................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ 26D , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 PART 27 - MAJOR RESEARCH AND DEVELOPMENT EXPENSES TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B ....................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. This amount cannot be more than 75% of the tax on your return. ................................................................................. 27D E Carryover credit to next year: Line C less Line D (applicable only within 10-year carryover period). .................................... E __________________ PART 28 - FOOD CROP DONATION TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 5-year carryover period). ...................................... E __________________ 28D * PART 29 - VIRGINIA COAL EMPLOYMENT AND PRODUCTION INCENTIVE TAX CREDIT A Enter the number of qualifying tons of coal ......................................................... A __________________ B Multiply the amount on Line A by $3.00............................................................... B __________________ C Credit allowable this year: Enter Line B or balance of maximum credit available, whichever is less ................................................................................................................. 29C PART 30 - WORKER TRAINING TAX CREDIT A Enter the total eligible credit amount authorized by the Department of Taxation. ..................................................................... A __________________ B Carryover credit from prior year(s). .......................................................... B __________________ C Add Lines A and B. ...................................................................................C __________________ D Credit allowable this year: Enter the amount from Line C or the balance of maximum credit available, whichever is less. .............................................. E Carryover credit to next year: Line C less Line D (applicable only within 3-year carryover period). ...................................... E __________________ 30D SECTION 2 - TOTAL NONREFUNDABLE CREDITS PART 1 - TOTAL NONREFUNDABLE CREDITS A. Add Lines 2A, 3D, 4F, 5D, 6D, 7B, 7G, 8D, 9G, 10E, 11D, 11E, 12B, 13B, 14B, 15F, 16D, 17D, 18F, 18G, 19D, 20D, 21D, 22F, 23F, 24D, 25B, 26D, 27D, 28D, 29C, 30D (if you claimed more than the maximum allowed nonrefundable credits, see instructions). ......................................................................................................................... 1A 2019 Schedule CR Page 7 Name(s) as shown on Virginia return Social Security Number - -  SECTION 3 - REFUNDABLE CREDITS * PART 1 - COALFIELD EMPLOYMENT ENHANCEMENT TAX CREDIT  $ &RDO¿HOG(PSOR\PHQW(QKDQFHPHQWTax Credit from 1(b) of your 2019 Form 306B. ......................................................................................................................... 1A , , . 00 B Full credit: Enter amount from your 2019 Form 306B Line 13. ..................................................1B , , . 00 C 85% credit: Enter amount from your 2019 Form 306B Line 15. .................................................1C , , . 00 D 7RWDO&RDO¿HOG(PSOR\PHQW(QKDQFHPHQW7D[&UHGLWDOORZDEOHWKLV year: Add Lines B and C. ..........................................................................................................1D , , . 00 E &RDO¿HOG(PSOR\PHQW(QKDQFHPHQW7D[&UHGLWWREHDSSOLHGtoward your 2022 return: Enter the amount from Line 11 of your 2019 Form 306. ....................................... 1E , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 , , . 00 PART 2 - MOTION PICTURE PRODUCTION TAX CREDIT  $ (QWHUDPRXQWRIFUHGLWDXWKRUL]HGE\WKH9LUJLQLD)LOP2ႈFH .................................................... 2A * PART 3 - AGRICULTURAL BEST MANAGEMENT PRACTICES TAX CREDIT A Enter amount of credit authorized by the Department of Conservation and Recreation. ............ 3A PART 4 - RESEARCH AND DEVELOPMENT EXPENSES TAX CREDIT A Enter amount of Research and Development Expenses Tax Credit authorized by the Department of Taxation. .............................................................................................................. 4A SECTION 4 - TOTAL REFUNDABLE CREDITS PART 1 - TOTAL REFUNDABLE CREDITS A Add Section 3, Part 1 - Line 1D, Part 2 - Line 2A, Part 3 - Line 3A and Part 4 - Line 4A............................................................................................................................ 1A SECTION 5 - TOTAL CURRENT YEAR CREDITS PART 1 - TOTAL CURRENT YEAR CREDITS A Total credits allowable this year. Enter the total of Section 2, Line 1A and Section 4, Part 1 - Line 1A here and on Line 25 of Form 760, Line 25 of Form 760PY or Line 25 of Form 763. .......................................................................................... 1A 2019 Schedule CR Page 8 * WHAT TO ENCLOSE The following enclosures should be included with your return when claiming the original credit. Computation schedules are required when claiming a carried forward credit. Missing enclosures may cause a credit to be disallowed. x (QWHUSULVH=RQH$FW7D[&UHGLW Form 301. x &RQVHUYDWLRQ7LOODJH(TXLSPHQW7D[&UHGLW Statement showing purchase date, description and credit computation. x 3UHFLVLRQ)HUWLOL]HUDQG3HVWLFLGH$SSOLFDWLRQ(TXLSPHQW7D[&UHGLW Statement showing purchase date, description and credit computation. x 9HKLFOH(PLVVLRQV7HVWLQJ(TXLSPHQW7D[&UHGLWCopy of your Air Check Virginia Station Participation and Services $JUHHPHQWRUDFRS\RIWKH1RUWKHUQ9LUJLQLD$QDO\]HU(TXLSPHQW&HUWL¿FDWLRQ)RUDFRS\RI\RXUVHUYLFHDJUHHPHQW contact Opus Inspection at (703) 822-7587)RUDFRS\RIWKH$QDO\]HU(TXLSPHQW&HUWL¿FDWLRQDFFHVVWKH)RUPVZHESDJH of the Air Check Virginia website: KWWSZZZGHTYLUJLQLDJRY3URJUDPV$LU&KHFN9LUJLQLD)RUPVDVS[. x )RUHLJQ6RXUFH5HWLUHPHQW,QFRPH7D[&UHGLW&RS\RIWKHWD[UHWXUQ¿OHGLQWKHRWKHUFRXQWU\RURWKHUSURRIRILQFRPH tax paid to the foreign country and a schedule showing computation of foreign currency converted to United States dollars. x :DVWH0RWRU2LO%XUQLQJ(TXLSPHQW7D[&UHGLW Approved Form 50-12 from the Department of Environmental Quality, UHFHLSWVLQYRLFHVRURWKHUGRFXPHQWDWLRQWRFRQ¿UPSXUFKDVHSULFHSDLG x %LRGLHVHO DQG *UHHQ 'LHVHO )XHOV 7D[ &UHGLW 7KH OHWWHU RI FHUWL¿FDWLRQ IURP WKH 9LUJLQLD 'HSDUWPHQW RI 7D[DWLRQ authorizing the credit. x 9LUJLQLD&RDO(PSOR\PHQWDQG3URGXFWLRQ,QFHQWLYH7D[&UHGLW&HUWL¿FDWLRQIURPWKHFRDOSURGXFHUWKDWWKHFRDO was mined in Virginia. x &RDO¿HOG(PSOR\PHQW(QKDQFHPHQW7D[&UHGLWForm 306, Form 306B, and completed schedules, if applicable. See the “What to Enclose” section in the Form 306 instructions for additional enclosure requirements and information. x Agricultural Best Management Practices 7D[Credit: Copy of the tax credit approval letter from the local Soil and Water Conservation District.
Extracted from PDF file 2019-virginia-schedule-cr.pdf, last modified January 2020

More about the Virginia Schedule CR Individual Income Tax Tax Credit TY 2019

Use this to calulate your tax credits. Attach Schedule CR to your return.

We last updated the Credit Computation Schedule for Forms 760, 760PY, 763 and 765 in January 2020, so this is the latest version of Schedule CR, fully updated for tax year 2019. You can download or print current or past-year PDFs of Schedule CR directly from TaxFormFinder. You can print other Virginia tax forms here.

Related Virginia Individual Income Tax Forms:

TaxFormFinder has an additional 135 Virginia income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Virginia Schedule CR.

Form Code Form Name
Schedule CR Instructions Schedule CR Instructional Booklet

Download all VA tax forms View all 136 Virginia Income Tax Forms


Form Sources:

Virginia usually releases forms for the current tax year between January and April. We last updated Virginia Schedule CR from the Department of Taxation in January 2020.

Show Sources >

Schedule CR is a Virginia Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Virginia Schedule CR

We have a total of eight past-year versions of Schedule CR in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2019 Schedule CR

2019 Virginia Schedule CR Credit Computation Schedule

2018 Schedule CR

2018 Virginia Schedule CR Credit Computation Schedule

2017 Schedule CR

2017 Virginia Schedule CR Credit Computation Schedule

2016 Schedule CR

2016 Virginia Schedule CR

Schedule CR - Credit Computation Schedule for Forms 760,760PY, 763 and 765 2015 Schedule CR

Schedule CR

Schedule CR - Credit Computation Schedule for Forms 760, 760PY, 763 and 765 2014 Schedule CR

Sch CR WEB - 01 09 15.indd

Schedule CR - Credit Computation Schedule for Forms 760, 760PY, 763 and 765 2013 Schedule CR

green Sch CR WEB 11 13 13.pdf

2012 Schedule CR

Sch CR Web 09 17 12.indd


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