Personal Income Tax Forms And Instructions Resident & Nonresident/part-Year Resident

INSTRUCTIONS FOR SCHEDULE A IT-140NR/PY

exclusive. A business is considered to be

Line 26. WAGES, SALARIES, AND TIPS.

Line 32. CAPITAL GAINS OR LOSSES.

carried on in West Virginia if it is transacted

Column A - Enter total of all wages, salaries,

Column A - Enter the capital gain or loss from

here with a fair measure of permanency and

tips and other employee compensation as re-

the sale or exchange of property, including se-

continuity.

ported on your federal income tax return.

curities, as reported on your federal return.

Business carried on within and without West

Column B - Enter portion of the federal amount

Column B - Report any capital gain or loss which

Virginia. If, while a nonresident, a business,

(Column A) received during the period of time

occured during the period of West Virginia

trade or profession is carried on within and with-

you were a West Virginia resident.

residency.

out West Virginia, and your accounts clearly

Column C - Enter wages received from West

Column C - Compute the amount to be reported

reflect income from West Virginia operations,

Virginia source(s) while a nonresident of West

enter the net profit or loss from business car-

as capital gain or loss from West Virginia sources

Virginia.

in accordance with federal provisions for deter-

ried on within West Virginia on line 31, Column

mining capital gains or losses, and deductions

RESIDENTS OF KENTUCKY, MARYLAND,

for capital loss carryover from West Virginia

OHIO, PENNSYLVANIA AND VIRGINIA - wages

If the West Virginia income of the business can-

sources to the extent included in computing your

and salaries received from West Virginia should

not be determined from your books, explain your

federal adjusted gross income.

NOT be reported in Column C.

method of allocation of profits to West Virginia

on a separate sheet.

Capital transactions from West Virginia sources

Lines 27 and 28. INTEREST AND DIVIDEND

include capital gains or losses derived from real

INCOME.

Rent and Royalty Income. As a nonresident,

or tangible property located within West Virginia

report in Column C any rents and royalties from:

Column A - Enter interest and dividend income

whether or not the property is connected with a

(1) real property located in West Virginia, whether

from federal income tax return.

trade or business, and capital gains or losses

or not the property is used in connection with a

from stocks, bonds, and other intangible personal

Column B - Enter portion received during the

business; (2) tangible personal property not used

property used in or connected with a business,

period of time you were a West Virginia resi-

in a business if such property is located in West

trade, profession or occupation carried on in West

dent.

Virginia; and (3) tangible and intangible personal

Virginia. Also include your share of any capital

property used in or connected with a business,

Column C - Enter interest and dividend income

gain or loss derived from West Virginia sources

trade, profession or occupation carried on in West

earned while a nonresident that is derived from

from a partnership of which you are a member,

Virginia.

a business, trade, profession or occupation car-

from an estate or trust of which you are a benefi-

ried on in West Virginia.

If a business is carried on both within West Vir-

ciary, or from an electing West Virginia S-Cor-

ginia and from sources outside West Virginia,

Line 29. REFUNDS OF STATE AND LOCAL

poration of which you are a shareholder. Any

attach your method of allocation on a separate

TAXES.

capital gains or losses from business property

sheet.

(other than real property) of a business carried

Column A - Enter total taxable state and local

on both in and out of West Virginia must be allo-

However, do not allocate income from real prop-

income tax refunds reported on your federal in-

cated for West Virginia purposes. Gains or

erty. Income from real property must be entirely

come tax return.

losses from the sale or disposition of real prop-

included if the real property is located in West

Column B - Enter portion received during the

erty are not subject to allocation. In all cases,

Virginia and entirely excluded if the real property

period of time you were a West Virginia resi-

use the federal basis of property for computing

is located outside West Virginia.

dent.

capital gains or losses.

Report in Column C your share of rent and roy-

Column C - Do not enter any refunds received

Line 33.

SUPPLEMENTAL GAINS OR

alty income from a partnership of which you are

during the period you were a nonresident.

LOSSES.

a member from Form IT-165 or from an estate

Line 30. ALIMONY RECEIVED.

or trust of which you are a beneficiary from

Column A - Enter any other gains or losses from

Form IT-141.

Column A - Enter total alimony received as re-

the sale or exchange of non-capital assets used

ported on your federal income tax return.

in a trade or business as reported on your fed-

Partnerships. As a nonresident, enter in Col-

eral return.

umn C your distributive share of partnership in-

Column B - Enter ONLY the portion received dur-

come from Form NRW-2, Schedule K-1, or

ing the period of time you were a West Virginia

Column B - Report any supplemental gain or loss

Form IT-165.

resident.

which occurred during the period you were a

West Virginia resident.

S-Corporation shareholders. As a nonresident,

Column C - Do not enter any alimony received

enter in Column C your pro rata share of income

during the period you were a nonresident.

Column C - Figure the amount to be reported

or loss from an electing West Virginia S-Corpo-

by applying the federal provisions for determin-

Line 31. BUSINESS INCOME (including busi-

ration from Form NRW-2, Schedule K-1, or

ing gains or losses from sale or exchange of other

ness profit or loss and income from rents, royal-

Form WV-CNT-112S.

than capital assets to your West Virginia trans-

ties, partnerships, estates, trusts and S-corpo-

actions.

Estates and Trusts. Report in Columns B and

rations).

C your share of estate or trust income as a part-

Non-capital transactions from West Virginia

Column A - Enter total amounts of ALL income

year resident or a nonresident from West Vir-

sources are those transactions from your fed-

ginia source(s) obtained from information pro-

reported on your federal income tax return.

eral return pertaining to property used in con-

vided by the fiduciary from Form NRW-2,

nection with a business, trade, profession or oc-

Column B - Enter ONLY the portion received dur-

Schedule K-1, or Form IT-141.

cupation carried on in West Virginia. Also in-

ing the period of time you were a West Virginia

cluded is your share of any non-capital gains or

Passive activity loss limitations. A nonresi-

resident.

dent must recompute any deduction taken on

losses from a partnership of which you are a

Column C - Enter any portion derived from West

member, from an estate or trust of which you

the federal return for passive activity losses, to

Virginia source(s) during the period of time you

determine the amounts that would be allowed if

are a beneficiary, or from an electing West Vir-

were a nonresident.

ginia S-Corporation of which you are a share-

federal adjusted gross income took into account

only those items of income, gain, loss or de-

holder. Use the federal adjusted basis of your

Business carried on. A business, trade, pro-

property in all computations.

duction derived from or connected with West

fession, or occupation (not including personal

Virginia source(s).

services as an employee) is considered to be

carried on in West Virginia if you maintain, op-

If a part-year resident, recalculate your pas-

erate or occupy desk space, an office, a shop,

sive activity loss limitations as if separate fed-

a store, a warehouse, a factory, an agency or

eral returns were filed for resident and non-

other place where your affairs are regularly car-

resident periods.

ried on in West Virginia. This definition is not

Personal Income Tax Forms And Instructions Resident & Nonresident/part-Year Resident - 2005 Page 16

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