Form Wv/fiia-Tcs - Schedule Fiia-Tcs West Virginia Film Industry Investment Tax Credit Page 2
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2WV/FIIA-TCS
WEST VIRGINIA STATE TAX DEPARTMENT
Org. 01/2009
SCHEDULE FIIA-TCS
WEST VIRGINIA FILM INDUSTRY INVESTMENT TAX CREDIT
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CREDIT CLAIMANT NAME
CREDIT CLAIMANT ID (EIN/SSN)
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TAX PERIOD BEGINNING
ENDING
MM
DD
YYYY
MM
DD
YYYY
13.
Credit Available This Period Adjusted for Business Franchise Tax Offset (Subtract the amount on
Line 12e from the amount on Line 11).
14.
Corporation Net Income Tax
a.
Enter total Corporation Net Income Tax Liability.
a.
b.
Corporation Net Income Tax Film Industry Investment Tax Credit Offset
(Enter the lesser of the amount on Line 13 and the amount on Line 14a.
b.
Also enter this amount on Schedule TC on form WV/CNF-120).
15.
Credit Available This Period Adjusted for Corporation Net Income Tax Offset (Subtract the amount
on Line 14b from the amount on Line 13).
16.
Personal Income Tax
a.
a.
Enter total Personal Income Tax Liability
b.
Personal Income Tax Film Industry Investment Tax Credit Offset (Enter the lesser
b.
of the amount on Line 15 and the amount on Line 16a. Also enter this amount
on the Tax Credit Recap Schedule on form IT-140).
Part C - Credit Recap
(A) Beginning
(B) Film industry
(C) Film industry
(D) Film industry
(E) Film industry
(F) Film industry
(G) Ending Balance of Total Available
Balance of Total
Investment Tax Credit
Investment Tax Credit
Investment Tax Credit
Investment Tax Credit
Investment Tax Credit
Film Industry Investment Tax Credit
Tax Year Ending
Available Film Industry
Applied to Business
Applied to Corporation
Applied to Personal
Allocated to Owners
Sold or Transferred
(Column A minus the sum of Columns B
(mm/dd/yyyy)
Investment Tax Credit
Franchise Tax
Net Income Tax
Income Tax
through F)
Notes:
No Film Industry Investment Tax Credit is allowed after the expiration of the second taxable year after the taxable year in which the
expenditures upon which the credit is based occurred.
The transfer or sale of the Film Industry Investment Tax Credit does not extend the time in which the credit can be used. The carry
forward period for credit that is transferred or sold begins on the date on which the credit was originally granted by the West Virginia
Film Office.
No carryback to a prior year is allowed for the amount of any unused portion of any annual credit allowance.
Signature of Taxpayer
Name of Taxpayer: Type or Print
Title
Date
Person to Contact Concerning this Return
Telephone Number
Signature of Preparer other than Taxpayer
Address
Title
Date
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