Form Wv/bcs-1 - West Virginia Business Investment And Jobs Expansion Tax Credit Or Corporate Headquarters Relocation Credit Page 25

Download a blank fillable Form Wv/bcs-1 - West Virginia Business Investment And Jobs Expansion Tax Credit Or Corporate Headquarters Relocation Credit in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Wv/bcs-1 - West Virginia Business Investment And Jobs Expansion Tax Credit Or Corporate Headquarters Relocation Credit with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Taxable year beginning ______________________, Ending _______________________
NAME
IDENTIFICATION NUMBER
PART VI - FREE-UP CREDIT COMPUTATION SCHEDULE
NOTE: Available only to Taxpayers subject to the Minimum Severance Tax on Coal
Column 1
Column 2
Column 3
Prior to June 1, 1993
On or After June 1, 1993
TOTAL
1.
Total tons sold
+
2.
Tax:
Line 1 x $.50 =
Line 1 x $.75 =
3.
WV/SEV401-C Schedule A, Line 1
4.
WV/SEV401-C Schedule A, Line 2A plus Line 2F
(11-13C credits plus Annual Exemption)
5.
Net Severance Tax (Line 3 minus Line 4)
6.
State portion (Line 5 above x .93)
7.
NET MINIMUM TAX (Line 2, Column 3 minus Line 6,
if less than zero, enter zero)
8.
Line 2, Column 2 Tax Computation of Tons Sold @ $.75 divided by 3
9.
AVAILABLE FREE-UP CREDIT (The lessor of Lines 7 or 8)
Enter this amount on applicable line(s), Column 12, of Tax Credit Computation Schedule
NOTE: "Free-up Credit" may be used against Business Franchise Tax, Corporation Net Income Tax and Personal Income Tax
liabilities. Any unused free-up credit must be forfeited by the taxpayer and may not be carried to any other tax year.
9
23

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial