Enlarge image | CIT-120TC Form CIT-120 W SUMMARY OF TAX CREDITS 2023 CORPORATION NAME FEIN This summary form and the appropriate credit calculation schedule(s) or form(s) must be enclosed with your return to claim a tax credit. Information for these tax credits may be obtained by visiting our website at tax.wv.gov or by calling the Taxpayer Services at 1-800-982-8297. See instructions for additional information. TAX CREDITS COLUMN 1 COLUMN 2 THE TOTAL AMOUNT OF CREDIT CREDIT CALCULATED ON CREDIT USED CANNOT EXCEED THE TAX LIABILITY APPROPRIATE SCHEDULE 1. Economic Opportunity Tax Credit (§11-13Q) Schedule EOTC-1 and EOTC-A .......................... 1 .00 .00 2. High Technology Manufacturing Business (§11-13Q-10a) Schedule EOTC-HTM ....................................... 2 .00 .00 3. Manufacturing Investment Tax Credit (§11-13S) Schedule MITC-1 and MITC-A ............................ 3 .00 .00 4. Historic Rehabilitated Buildings Investment Credit (§11-24-23a) Schedule RBIC and RBIC-A ................................... 4 .00 .00 5. West Virginia Neighborhood Investment Program Credit (§11-13J) Form NIPA-2 .......................................................... 5 .00 .00 6. Environmental Agricultural Equipment Tax Credit (§11-13K) Form AG-1 .......................................................... 6 .00 .00 7. Electric, Gas, and Water Utilities Rate Reduction Credit (§11-24-11) Schedule L ................................................................ 7 .00 .00 8. West Virginia Military Incentive Credit (§11-24-12) Schedule J................................................................. 8 .00 .00 9. Apprentice Training Tax Credit (§11-13w) Schedule ATTC-1 ................................................. 9 .00 .00 10. Manufacturing Property Tax Adjustment Credit (§11-13Y) Schedule MPTAC-1 .............................................. 10 .00 .00 11. Alternative Fuel Tax Credit (§11-6d) Schedule AFTC-1.......................................................... 11 .00 .00 12. Innovative Mine Safety Technology Tax Credit (§11-13BB) Schedule IMSTTC-1 ................................................. 12 .00 .00 13. Farm to Food Bank Tax Credit (§11-13DD) Department of Agriculture Certificate .................... 13 .00 .00 14. Post-Coal Mine Site Business Credit (§11-28) Schedule PCM-1........................................................... 14 .00 .00 15. Downstream Natural Gas Manufacturing Investment Tax Credit (§11-13GG) Schedule DNG-1 ...................................................... 15 .00 .00 16. Natural Gas Liquids (§11-13HH) Schedule NGL-1 ................................................... 16 .00 .00 17. Donation or Sale of Vehicle to Charitable Organizations (§11-13FF) Schedule DSV-1 ................................................... 17 .00 .00 18. Small Arms And Ammunition Manufacturers Credit (§11-13KK) Schedule SAAM-1 ................................................. 18 .00 .00 19. WV Jumpstart Savings Program Credit for Employer contribution (§11-24-10a) Schedule JSP-1 .................................................. 19 .00 .00 20. Capital Investment in Child-Care Property Tax Credit (§11-24-44) Schedule CIP ....................................................... 20 .00 .00 21. Operating Costs of Child-Care Property Tax Credit (§11-24-44) Schedule OCF ...................................................... 21 .00 .00 CIT-120TC Summary of Tax Credits Continues on next page *B30202311W* B30202311W |
Enlarge image | CIT-120TC Form CIT-120 W SUMMARY OF TAX CREDITS 2023 22. Industrial Advancement Act Tax Credit (§11-13LL-1) .............................................................................. 22 .00 .00 23. West Virginia Film Industry Investment Tax Credit (§11-13X) FIIA-TCS .................................................................. 23 .00 .00 24. Build WV Property Value Adjustment Tax Credit (§5B-2L) PVA-1 ........................................................................ 24 .00 .00 25. TOTAL CREDITS Add all credit lines above (ENTER COLUMN 2 ON LINE 11, SCHEDULE 1 OR LINE 17, SCHEDULE 2) 25 .00 .00 *B30202312W* B30202312W |