Form Bot-301e - Instructions Form For Annual Business And Occupation Tax Return For Electric Power - 2015
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5BOT-301E
InstructIons For AnnuAl BusIness And occupAtIon tAx return For electrIc power
These instructions are to assist in the preparation of the tax
line 4a
Enter the annual gross generating capacity
return and are not a substitute for tax law and regulations.
(KW) for electric power generated or
produced in West Virginia with sales and
To determine the amount of tax due Schedule A must be
demand
charges
exceeding
200,000
completed.
Kilowatts per hour/year/customer.
coMputAtIon oF tAx lIABIlItY
coluMn 2
line 1
Enter the applicable amount from Schedule
line 3
Enter the amount of exclusions (Column 1
A, Line 11.
Line 3 multiplied by 21/26)
line 2a-d
Enter the amount for each applicable credit. A
line 4a
Enter the amount of exclusions (Column 1
copy of the certification for the Electric Utility
Line 4a multiplied by 21/26)
Reduction Credit from the Public Service
coluMn 3
Commission and Windmill Credit must be
attached to the annual return.
line 1
Enter the annual taxable capacity for electric
power generated or produced in West
line 3
Enter total credits (Total of Lines 2a through
Virginia regardless of place of sale.
2d).
line 2
Enter the annual taxable capacity for electric
line 4
Adjusted tax (Line 1 minus Line 3).
power generated or produced in West
line 5
Enter exemption of $500.00 per year, $41.67
Virginia at desulfurization units on or after
per month, or $1.37 per day. This exemption
January 31, 1996.
is allowed only for the period you were
line 3
Enter the annual taxable capacity for electric
actually engaged in business.
power generated from gob or mine refuse
line 6
Enter net amount of tax (Line 4 minus Line
available for sale (Column 1 Line 3 minus
5).
Column 2 Line 3).
line 7
Enter estimated payments made during
period covered by the return.
line 4a
Enter the annual taxable capacity for electric
power generated or produced in West
line 8
Enter the balance of tax due (Line 6 minus
Virginia with sales and demand charges
Line 7). If Line 7 is less than Line 6, enter 0.
exceeding 200,000 Kilowatts per hour/year/
line 9-11
Internal use only.
customer (Column 1 Line 4a minus Column
2 Line 4a).
line 12
Enter total amount of Line 8.
line 4b
Enter the amount of Kilowatts hours sold in
line 13
Enter amount of overpayment designating
Column 3 Line 4b.
refund or credit. Credit for overpayments
should not be taken on future tax returns
coluMn 4
until a letter authorizing the claim has been
lines 1, 2, 3, 4–Tax Rates, provided
received.
coluMn 5
line 14
If an overpayment exists; enter the amount
to be credited to next year’s tax.
line 1
Enter the amount of tax due for electric power
generated or produced in West Virginia
line 15
Enter the amount of (Line 13 minus Line 14)
regardless of place of sale (Column 3 Line 1
to be refunded.
times Column 4 Line 1).
schedule A
line 2
Enter the amount of tax due for electric power
generated or produced in West Virginia at
Only use if electric power sold is generated or produced in
desulfurization units on or after January 31,
West Virginia.
1996.(Column 3 Line 2 times Column 4 Line
coluMn 1
2).
line 3
Enter the annual gross generating capacity
line 3
Enter the amount of tax due after exemptions
(KW) for electric power generated from Gob
for electric power generated from gob or
or Mine Refuse available for sale.
WEST VIRGINIA STATE TAX DEPARTMENT
Page - 1 of 5
BOT 301E Instructions REV. – 10/15
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