Schedule C - Credit For Coal Loading Facilities (Page 2 of 6) in pdf

Schedule C - Credit For Coal Loading Facilities Page 2

10. a) Total business and occupation tax.................................................................................................................... $

b) Amount of other credits claimed........................................................................................................................ $

c) Net limit (10a – 10b)......................................................................................................................................... $

d) Credit limit (50% of 10a)................................................................................................................................... $

e) Coal loading facilities credit offset..................................................................................................................... $

11. a) Total business franchise tax.............................................................................................................................. $

b) Amount of other credits claimed........................................................................................................................ $

c) Net limit (11a – 11b).......................................................................................................................................... $

d) Credit limit (50% of 11a)................................................................................................................................... $

e) Coal loading facilities credit offset..................................................................................................................... $

12. Total credit claimed (lines 9e + 10e + 11e)........................................................................................................... $

Note that the sum of credit claimed on lines 9e, 10e, and 11e may not exceed 50% of the sum of

the liabilities reported on lines 9a, 10a, and 11a. This 50% limit also applies to the sum of all tax

credit claimed under §11-13E of the West Virginia Code. Unused annual credit is forfeited.

Schedule C

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