Complete Virginia retirement tax guide: income tax rates, capital gains treatment, Social Security and pension taxation, property taxes, and sales tax. Overall retiree-friendliness rank: #22 of 51.
4 bracket(s)
Treated as ordinary income
#27 (Above Avg)
State 5.3% + local avg 5.8%
Virginia exempts Social Security and offers an Age Deduction of $12,000 per person for those 65+. The graduated tax rates are moderate. Property and sales taxes are below average.
Not taxed
Taxable
None
| Rate | From | To |
|---|---|---|
| 2% | $0 | $3,000 |
| 3% | $3,000 | $5,000 |
| 5% | $5,000 | $17,000 |
| 5.75% | $17,000 | No limit |
Run Virginia's custom tax profile inside Alistair. Model your actual retirement income against real state tax rules.
Try Alistair Free