SCorpDesk / 2026 S-Corp & QBI Guides / Virginia (VA) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Virginia (VA) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Virginia?
In Virginia (VA), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 502). For the Pass-Through Entity Tax (PTET) deduction: 5.75% Virginia Pass-Through Entity Tax (PTET). Entity-level franchise/minimum tax: Annual SCC Registration Fee ($50-$100).
In Virginia (VA), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 502). For the Pass-Through Entity Tax (PTET) deduction: 5.75% Virginia Pass-Through Entity Tax (PTET). Entity-level franchise/minimum tax: Annual SCC Registration Fee ($50-$100).
Open Virginia 2026 S-Corp & 20% Permanent QBI Calculator
2026 Virginia (VA) S-Corporation Statutory Tax Matrix
| Virginia S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form 502) |
| Pass-Through Entity Tax (PTET) Election | 5.75% Virginia Pass-Through Entity Tax (PTET) |
| Annual Minimum / Franchise Tax | Annual SCC Registration Fee ($50-$100) |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Virginia require a separate state S-Corp election in 2026?
For Virginia (VA): Recognizes Federal Form 2553 (Form 502).
What is the Virginia S-Corp franchise or minimum tax for 2026?
In Virginia: Annual SCC Registration Fee ($50-$100).