Credit for Manufacturing 
                                                                                                                                                                                                     West Virginia 
WV/MITC-1                                                            Investment                                                                                                                      State Tax 
Rev. 10/2021                                        (for periods AFTER January 1, 2021)                                                                                                              Department
Business                                                                                                                ID
Name                                                                                                                 Number
                                                                     TAX PERIOD

BEGINNING                                                                                                      ENDING
                              MM              DD                  YYYY                                                    MM                                                                      DD YYYY

          COMPUTATION OF ELIGIBLE INVESTMENT                                                                   (Column 1)  (Column 2)                                                                (Column 3)
                                                                                                               Net Cost    Percentage                                                                Allowable Cost
                                                                                                                                                                                                     Investment
1. Expansion or Revitalization property with useful life of 4 years or more but 
less than 6 years............................................................................................$                     33 ⅓%$
2. Expansion or Revitalization property with useful life of 6 years or more but 
less than 8 years............................................................................................$                     66 ⅔%$
3. Expansion or Revitalization property with useful life of 8 years or more....... $                                               100% $
4. Total Eligible Expansion or Revitalization Investment.................................................................................................... $
5. Total Potential Manufacturing Investment Tax Credit (Small Arms and Ammunition Manufacturers (NAICS 332992 or 
332994 only) use 50% of line 4. All others 5% of Line 4 ............................................................................................... $
6. Available Annual Manufacturing Investment Tax Credit (10% of Line 5) (Forfeited if not used)....................................     $
7. Available Annual Manufacturing Investment Tax Credit* from prior years (incomplete information will result in the disallowance of the credit)
Reference Period 
(# of years prior to 
current tax period)     Tax Period Ending          Original Available Annual Credit                                  Adjustments**                                         Net Available Annual Credit
          9
          8
          7
          6
          5
          4
          3
          2
          1
          Total
*Entitlement to Manufacturing Investment Tax Credit was  fi  rst available for the investment placed in service or use on or after January 1, 2003.
**Adjustments, including the disposal of property or machinery before the originally stated useful life, may also result in the recapture of credit previously 
claimed. See the instructions for the credit recapture provisions.
8.   Total available Annual Manufacturing Investment Tax Credit (Line 6 plus Line 7)............................................................                           $
9.   Credit O ffset Factor (If the current tax year began on or after January 1, 2009 then enter 0.6, otherwise enter 0.5)......                                            $
10. a)   Total Severance Tax................................................................................................................................................... $
     b)   Amount of Other Credits Used to O ffset Severance Tax............................................................................................$
     c)   Adjusted Severance Tax (Subtract the amount on line 10b from the amount on line 10a and enter here).................                                             $
     d)   Severance Tax Manufacturing Investment Tax CreditffO  set Limit (Multiply the amount on line 10a by the value on 
         line 9)................................................................................................................................................................................ $
     e)  Amount of WV Code §11-13D Credits Used to O ffset Severance Tax........................................................................$
     f)  Severance Tax Limit of Manufacturing Investment Tax Credit (Subtract the amount on line 10e from the amount on 
     line 10d. Enter zero if the amount on line 10e is greater than the amount on line 10d)............................................... $
     g) Severance Tax Manufacturing Investment Tax Credit (Enter the lesser of the values on lines 8, 10c and line 10f 
     here and on the tax return)...........................................................................................................................................$
Schedule WV/MITC-1
                                                                                                                                                                                                     Page 1 of 3
Rev. 10/2021

11. Available Annual Manufacturing Investment Tax Credit Adjusted for Severance Tax Claim (Subject the amount on line 
10g from the amount on line 8).........................................................................................................................................$
12. a) Total Corporation Net Income Tax.................................................................................................................................$
b) Amount of Other Credits Used to O ffset Corporation Net Income Tax.........................................................................$
c) Adjusted Corporation Net Income Tax (Subtract the amount on line 12b from the amount on line 12a and enter here... $
d) Corporation Net Income Tax Manufacturing Investment Tax Credit O ffset Limit (Multiply the amount on line 12a by 
the value on line 9)........................................................................................................................................................$
e)  Amount of WV Code §11-13D Credits used to o ffset Corporation Net Income Tax.....................................................$
f)  Corporation Net Income Tax limit of Manufacturing Investment Tax Credit (Subtract the amount on line 12e from 
the amount on line 12d. Enter zero, if the amount on line 12e is greater than the amount on line 12d).......................$
g) Corporation Net Income Tax Manufacturing Investment Tax Credit (Enter the lesser of the values on lines 11, 12c 
or line 12f here and on the tax return)...........................................................................................................................$
Note that the sum of credit claimed on Lines 10g and 12g may not exceed the amount on line 8, the total annual credit available. The WV Code §11-13D 
credits amounts to be entered on Lines 10e and 12e include the Industrial Expansion and revitalization credit, Research and Development Credit, Resi-
dential Housing Development Credit, Aerospace Industrial Facility Credit). Unused annual credit forfeited.
Under penalties of perjury, I declare that I have examined this credit claim form (including accompanying schedules and statements) and to the best of 
my knowledge it is true, and complete.

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

Schedule WV/MITC-1
                                                                                                                                                                                                                                                     Page 2 of 3
Rev. 10/2021

Identi Business Name ________________________________________ Tax Period __________ DESCRIPTION AND LOCATION Schedule WV/MITC-1 (continued)
OF ITEM (LIST EACH ITEM 
fi cation Number _____________________________________
SEPARATELY)

PURPOSE

ACQUIRED
DATE 

DATE PLACED 
IN SERVICE

TOTAL

Schedule MITC-1 4 OR MORE BUT 
Col. 1, Line 1 Enter amount LESS THAN 6
on Page 1,

NET COST/USEFUL LIFE (YEARS)

Schedule MITC-1 6 OR MORE BUT 
Col. 1, Line 2 Enter amount LESS THAN 8
on Page 1,

Schedule MITC-1
Col. 1, Line 3 Enter amount 8 OR MORE
on Page 1