Form Wv/nrw-1 - West Virginia Extension Of Time To File Business Franchise Tax And Information Returns

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EXTENSION OF TIME
TO FILE BUSINESS FRANCHISE TAX
AND INFORMATION RETURNS
NOTE: This form is to be used for requesting an extension of time to file the S Corporation, Partnership and/or Business
Franchise Tax Return and for making tentative payments for the pass through entities and the nonresident withholding tax. This
form is not a substitute for filing the annual tax returns.
WHO MAY FILE - Any S-Corporation or Partnership, including the Business Franchise Tax, and any Estate or Trust needing
an extension of time to file the West Virginia Income/Business Franchise Tax Return (form WV/SPF-100) or the West Virginia
Fiduciary Income Tax Return (Form IT-141) and expects to owe tax must file Form WV/NRW-1. Any taxpayer granted an
extension of time to file a federal return is granted the same extension of time to file their West Virginia return. An extension
of time for filing does not extend the time for payment. To avoid interest and additions to tax for late payment, use this return
to make a tentative payment pending the filing of your annual return.
PAYMENT OF NONRESIDENT WITHHOLDING TAX - West Virginia tax law (Code §11-21-71a) requires S Corporations,
Partnerships and Fiduciaries to withhold income tax on distributions of West Virginia source income (whether actual or deemed
distributions) to nonresident shareholders, partners and beneficiaries. The withholding tax rate is 4%.
The nonresident withholding tax is due and payable with this request. You must remit by the unextended due date, 90% of
the nonresident withholding tax due for the taxable year or 100% of the tax paid for the prior taxable year, if the prior tax year
was a full 12 months and tax was paid. If the balance due on your annual return is paid by the last day of your extension and
the amount due is 10% or less of the tax due for the taxable year, no additions to tax will be imposed on the balance remitted.
Overpayments may be refunded or credited to next year’s withholding.
WHEN TO FILE – An S Corporation’s annual West Virginia Income/Business Franchise Tax return is due on or before the
fifteenth day of the third month following the close of the taxable year. A Partnership’s annual West Virginia Income/Business
Franchise Tax return is due on or before the fifteenth day of the fourth month following the close of the taxable year.
HOW AND WHERE TO FILE – Payment of any tax balance due may be made by completing form WV/NRW-1 below, detaching
and mailing to:
West Virginia State Tax Department
Internal Auditing Division
P. O. Box 11751
Charleston, West Virginia 25339-1751
Make check payable to: West Virginia State Tax Department
CLAIMING OF TENTATIVE PAYMENT – A tentative payment made by filing form WV/NRW-1 must be claimed on line 12 of your
West Virginia Income/Business Franchise Tax return (Form WV/SPF-100).
PAGE 39
DETACH HERE
DETACH HERE
WEST VIRGINIA
WV/NRW-1
EXTENSION OF TIME TO FILE INFORMATION RETURNS
STATE TAX DEPARTMENT
(Rev. 5/07)
1. TYPE OF ORGANIZATION:
S CORPORATION FILING
PARTNERSHIP FILING
ESTATE OR TRUST
(CHECK ONLY ONE)
FORM WV/SPF-100
FORM WV/SPF-100
FILING FORM IT-141
-
D
2. TAXABLE YEAR ENDING
E
FEIN
MM
DD
YEAR
T
NAME & ADDRESS
3. ENTER EXTENSION DATE REQUESTED
A
MM
DD
YEAR
C
4. FIDUCIARY INCOME TAX DUE
00
H
5. NONRESIDENT WITHHOLDING TAX DUE
00
H
6. BUSINESS FRANCHISE TAX DUE
00
E
R
7. TOTAL TAX DUE (add Lines 4 through 6)
00
E
*B54050713A*
S I G N A T U R E
D A T E
PAGE 39

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