VA · Tax Year 2026
How Virginia taxes Social Security, pensions, 401(k)/IRA withdrawals, and military retirement pay in 2026.
Age deduction up to $12,000 per person; military subtraction up to $40,000
Age 65+; age deduction income-tested for those born after January 1, 1939; military subtraction no age floor
Additional Notes
Age deduction phaseout starts at AGI $50,000 single/$75,000 married
Does Virginia tax Social Security benefits?
No. Virginia does not tax Social Security retirement benefits.
Does Virginia tax pension income?
Partially. Virginia provides exemptions for certain types of pension income — often public, government, or military pensions — while private pensions may be partially or fully taxable. See eligibility details above.
Does Virginia tax 401(k) and IRA withdrawals?
Yes, traditional 401(k) and IRA withdrawals are generally taxable in Virginia. However, exclusions or credits may apply depending on your age and income — review the details above.
Is Virginia a tax-friendly state for retirees?
It depends on your income mix. Virginia offers some retirement income relief, but the rules vary by income type and eligibility. Review the details above and consider consulting a tax professional for your specific situation.
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Data Source
Official Virginia state tax authority guidance. Tax year 2026. Some annually indexed thresholds may not yet be finalized — confirm with the state revenue department before filing.
Related for Virginia
Data reflects tax year 2026 rules sourced from official Virginia state tax authorities. This page is for informational purposes only — always confirm current rules with the state revenue department or a qualified tax professional before making financial or relocation decisions.