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Under federal law, I am allowed to exclude group life insurance premium payments from taxable wages. Does Virginia also allow these amounts to be excluded?

April 26, 2017allowed EXCLUDE Federal group Law Life Insurance PAYMENTS Premium taxable

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Under federal law, I am allowed to exclude group life insurance premium payments from taxable wages. Does Virginia also allow these amounts to be excluded?

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Yes. Since Virginia law conforms to the federal definition of taxable wages, any amounts excluded for federal purposes are also excluded for Virginia purposes.