Schedule Aftc-1 - West Virginia Alternative-Fuel Tax Credit Page 6
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8motor vehicles, including, but not limited to, compression
Enter any Alternative-Fuel Tax Credit earned or
equipment, storage tanks and dispensing units for
allocated in a previous year that was not used or
alternative fuel at the point where the fuel is delivered or
allocated. An AFTC-1 supporting the entered amounts
for providing electricity to plug-in hybrid electric vehicles
must have been previously filed.
or electric vehicles: provided, that the property is installed
and located in this state.
Add the amounts on lines 1 through 5. This the total
Alternative-Fuel Tax Credit available to you for the
“Taxpayer” means any natural person, corporation, limited
current tax period.
liability company or partnership subject to the tax imposed
under article twenty-one, article twenty-three, or article
Enter your Personal Income Tax liability after
twenty-four of this chapter or any combination thereof.
application of any other applicable tax credit.
AFtC-1 i
nstruCtions
Enter the smaller of the value on line 6 and the value
Taxpayers desiring to claim the Alternative-Fuel Motor
on line 7. This is the amount of Alternative-Fuel
Vehicle Tax Credit must complete Parts A and B of Schedule
Tax Credit to be applied against your Personal Income Tax
AFTC-1.
liability. Also, enter this amount on the appropriate line of
the Tax Credit Recap Schedule of your Personal Income Tax
Taxpayers desiring to claim the Qualified Alternative-Fuel
return.
Vehicle Home Refueling Infrastructure Tax Credit must
complete Parts A and C of Schedule AFTC-1.
Compute the remaining Alternative-Fuel Tax Credit
Taxpayers desiring to claim the Qualified Alternative-Fuel
by subtracting the amount on line 8 from the amount
Vehicle Refueling Infrastructure Tax Credit must complete
on line 6.
parts A and D of Schedule AFTC-1.
Enter your Business Franchise Tax liability after
An owner taxpayer desiring to claim Alternative-Fuel Tax
application of any other applicable tax credit.
Credit allocated by a Pass-Through Entity subsidiary must
complete Parts A and E of Schedule AFTC-1.
Enter the smaller of the value on line 9 and the value
on line 10. This is the amount of Alternative-Fuel Tax
P
A – A
-F
t
C
Art
lternAtive
uel
Ax
redit
Credit to be applied against your Business Franchise Tax
s
ummAry
liability. Also, enter this amount on the appropriate line of
the Tax Credit Recap Schedule of your Business Franchise
Tax return.
Enter the total Alternative-Fuel Motor Vehicle Tax
Credit as shown on Part B, line 9. A completed Part B
Compute the remaining Alternative-Fuel Tax Credit
must be attached for each qualifying vehicle. Amounts not
by subtracting the amount on line 11 from the
supported by completed Part B information will be denied.
amount on line 9.
Enter the total Qualified Alternative-Fuel Vehicle
Enter your Corporation Net Income Tax liability
Home Refueling Infrastructure Tax Credit as shown
after application of any other applicable tax credit.
on Part C, line 6. Amounts not supported by completed Part
C information will be denied.
Enter the smaller of the value on line 12 and the value
on line 13. This is the amount of Alternative-Fuel Tax
Enter the total Qualified Alternative-Fuel Vehicle
Credit to be applied against your Corporation Net Income
Refueling Infrastructure Tax Credit as shown on Part
Tax liability. Also, enter this amount on the appropriate line
D, line 7. A completed Part D must be attached for each
of the Tax Credit Recap Schedule of your Corporation Net
qualifying refueling infrastructure. Amounts not supported
Income Tax return.
by completed Part D information will be denied.
Compute the remaining Alternative-Fuel Tax Credit
Enter the amount of Alternative-Fuel Motor Vehicle
by subtracting the amount on line 14 from the
Tax Credit Qualified Alternative-Fuel Vehicle
amount on line 12.
Refueling Infrastructure Tax Credit, as shown in Part E,
allocated to you as an owner of a Pass-Through Entity that
If you are a Pass-Through Entity and any of the
earned the credit. A completed Part E must be attached.
amount on line 15 is to be allocated to the owners of
Amounts not supported by completed Part E information
the Pass-Through Entity complete Part F and enter the total
will be denied.
amount of credit to be allocated.
2
Alternative Fuel Tax Credit – Information and Instructions
(Rev. 9-11)
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