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Schedule SEPARATE ENTITY FILER
2
Form CIT-120 W WITH MULTISTATE ACTIVITY 2023
CORPORATION NAME FEIN
1. Federal taxable income (per attached federal return)................................................. 1 .00
2. Total increasing adjustments (Schedule B line 12).................................. 2 .00
3. Total decreasing adjustments (Schedule B line 25)................................. 3 .00
4. Adjusted Federal taxable income (line 1 plus line 2 minus line 3).............................. 4 .00
5. Total nonbusiness income allocated everywhere (Form CIT-120APT, Schedule A-1,
line 9, Column 3)......................................................................................................... 5 .00
6. Total income subject to apportionment (subtract line 5 from line 4)............................ 6 .00
7. WV Apportionment Factor (Form CIT-120APT, Sch. B Part 1, Part 2 or Part 3,
Column 3) COMPLETED FORM MUST BE ATTACHED ........................... 7 .
8. West Virginia apportioned income (line 6 multiplied by line 7).................................... 8 .00
9. Nonbusiness income allocated to West Virginia (Form CIT-120APT Sch. A2, Line 13) 9 .00
10. West Virginia adjusted taxable income (add lines 8 and 9) ....................................... 10 .00
11. Net operating loss carryforward (Schedule NOL, Column 7total) ............................. 11 .00
12. Subtotal (line 10 less line 11)...................................................................................... 12 .00
13. REIT Inclusion and other Taxable income.................................................................. 13 .00
14. WV Net Taxable Income (add lines 12 and 13).......................................................... 14 .00
15. Corporate Net Income Tax Rate................................................................................. 15 .065
16. Corporate Net Income Tax (line 14 multiplied by line 15)........................................... 16 .00
17. Corporate Net Income Tax Credits (Form CIT-120TC, Total Credit Line, Column 2).. 17 .00
18. Adjusted Corporate Net Income Tax (subtract line 17 from line 16) .......................... 18 .00
Enter on CIT-120, page 2, line 9
*B30202304W*
B30202304W
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