- 1 -
|
Schedule ALLOWANCE FOR GOVERNMENTAL OBLIGATIONS /
B-1
Form CIT-120 W OBLIGATIONS SECURED BY RESIDENTIAL PROPERTY (ยง11-24-6(f))
2022
AVERAGE MONTHLY BALANCE
1. Federal obligations and securities ................................................................................................. 1 .00
2. Obligations of West Virginia and any political subdivision of West Virginia .................................... 2 .00
3. Investments or loans primarily secured by mortgages or deeds of trusts on residential
property located in West Virginia..................................................................................................... 3 .00
4. Loans primarily secured by a lien or security agreement on a mobile home or doublewide
located in West Virginia.................................................................................................................. 4 .00
5. TOTAL (Add lines 1 through 4)....................................................................................................... 5 .00
6. Total assets as shown on Schedule L, Federal Form 1120 or 1120A............................................ 6 .00
7. Divide line 5 by line 6 (round to six (6) decimal places)................................................................ 7 .
8. Adjusted income (Schedule 1, line 1 or Schedule 2, line 1 plus Schedule B, line 12, minus the sum
of lines 13 through 23, plus Form CIT-120APT, Schedule A-2, lines 10, 11, & 12)........................ 8 .00
9. ALLOWANCE
(line 7 multiplied by line 8 (disregard sign)) Enter here and on Schedule B, line 24....................... 9 .00
*B30202206W*
B30202206W
|