Source: https://vacode.org/58.1-324/
Timestamp: 2019-04-18 16:48:17
Document Index: 438764663

Matched Legal Cases: ['§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58']

Husband and wife (§ 58.1-324)—Virginia Decoded - Virginia Decoded
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§ 58.1-324 Husband and wife
§ 58.1-324
3. Nonbusiness deductions, where properly taken for federal income tax purposes, shall be allowable for Virginia income tax purposes, but shall be allocable between husband and wife as they may mutually agree. For this purpose, “nonbusiness deductions” consist of allowable deductions not described in subdivision 2 of this subsection.
4. Where the standard deduction or low income allowance is properly taken pursuant to subdivision D 1 a of § 58.1-322 such deduction or allowance shall be allocable between husband and wife as they may mutually agree.
Code 1950, §§ 58-151.012, 58-151.013; 1971, Ex. Sess., c. 171; 1972, c. 827; 1973, cc. 198, 345, 458; 1974, c. 682; 1975, c. 46; 1976, cc. 528, 694, 781; 1977, cc. 297, 612; 1978, cc. 67, 158; 1979, cc. 226, 596; 1981, cc. 402, 414; 1982, c. 633; 1983, cc. 452, 472; 1984, cc. 153, 162, 636, 674, 675, 729.
If you’re reading this for anything important, you should double-check its accuracy—read § 58.1-324 on the official Code of Virginia website.
. . . See Va. Code Ann. . . .
§ 58.1-520 (Contingent effective date) Definitions
§ 58.1-520 (Contingent expiration) Definitions