What is an Accelerated Refund?
The accelerated refund program was developed to allow Virginia residents to receive their refunds faster. If you filed a Virginia Resident Return in the previous tax year, and your name, address, social security number, and filing status are the same as in the previous tax year, you qualify to request the accelerated refund by checking the appropriate block on your return. Accelerated refunds are made payable to the person, or persons whose name or names were on the previous year’s return, and mailed to the address shown on the previous year’s return. These refunds are issued before all computations on your return are verified. Please be aware that you may receive a bill with interest, or an additional refund at a later date, if errors are subsequently found.
