Fillable Form Mvr-420 - Virginia Motor Vehicle Rental Tax Return printable pdf download

MVR-420 Package

Virginia Motor Vehicle Rental Tax And Fee

Effective July 1, 2016, you are required to electronically file Form MVR-420 and submit payment using the

Department’s online eForms option available at Payments can be remitted by

direct debit when using eForms or by an ACH credit transaction arranged through your financial institution.

eForms allows you to file your return at your convenience and schedule your direct debit payment for any date

between the time you file online through the due date of the return.

Submit your return and payment as soon as possible after the close of the reporting period, but no later than the

20th day of the following month. A return must be filed for each monthly reporting period even if no tax is due.

Payments returned by the financial institution will be subject to a returned payment fee in addition to any other

penalties that may be incurred.

If you are unable to meet the electronic filing requirements, you must request a temporary waiver. If you have

been granted a waiver, mail your return and payment to Virginia Department of Taxation, P.O. Box 26627,

Richmond, VA 23261-6627. Visit for more information.

The Virginia Motor Vehicle Rental Tax is imposed on motor vehicles with a gross vehicle weight rating or gross

combined weight rating of 26,000 pounds or less at a rate of 4% of the gross proceeds. A local tax is imposed on

the rental of every motor vehicle regardless of the weight, except for motorcycles and manufactured homes, at

a rate of 4% of the gross proceeds. A 2% rental fee is also levied on the same gross proceeds as the local tax.

Most passenger vehicles that are rented are subject to all of the taxes and the fee at a combined rate of 10% of

the gross proceeds.

This package contains the following:

• Virginia Motor Vehicle Rental Tax Return and Voucher

• Virginia Motor Vehicle Rental Tax Worksheet

• Virginia Schedule of Local Motor Vehicle Rental Taxes

Be sure to enter the locality information and codes correctly. It is critical that the local tax is allocated properly.

See page 6 for the list of localities and codes. If you have multiple locations in a locality, enter the total for all

locations on the line for that locality.

DO NOT send the Worksheet (MVR-420A) - maintain it as part of your records.

FILING INSTRUCTIONS -

•

Report only those vehicle rental transactions that are for less than 12 months.

•

Rental vehicle transactions are reported only after the vehicle has been returned.

•

The Return Reporting Period runs from the first day of the calendar month in which the rental vehicles were

returned to the last day of that month.

•

Your return, including payment of the tax and fee, must be electronically filed by the 20th day of the month

following the reporting period.

•

If you have been granted a waiver complete and sign the return, your return and payment of the tax and

fee must be postmarked on or before the 20th day of the month following the reporting period. Send your

return, voucher, schedule and payment to Virginia Department of Taxation, P.O. Box 26627, Richmond,

VA 23261-6627.

•

You must file a Rental Tax Return (Form MVR-420) monthly, even if no rental transactions occurred during

the month.

•

If the tax amount on Line 12 is zero, no Schedule MVR-420B is needed. Otherwise, Schedule MVR-420B

is always required.

•

If you have more than one location in a single locality, enter the total for all locations in that locality on the

line for that locality.

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Form Mvr-420 - Virginia Motor Vehicle Rental Tax Return

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