Forms & instructions - State of West Virginia

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M e s s a g e f r o m t h e C o m m i s s i o n e r Dear Taxpayer, West Virginia State Tax Department The West Virginia State Tax Department in 2012 saw another successful tax season. We processed more than 85,176 returns and issued more than $200,400,000 in refunds. We want to build on that success in 2013. We have some changes to share. If you are eligible for the Homestead Exemption Program because of your age or because of disability and claim the Senior Citizens Refundable Income Tax Credit, you might be entitled to the Homestead Excess Property Tax Credit on top of the Senior Citizen Tax Credit. In the past, you had to choose the most beneficial credit. See our instructions to see if you qualify. Also, the Non-Family Adoption Credit has increased from $2,000 to $4,000. More than 70 percent of 2011 returns were received electronically, and our efforts to strengthen that number continue. I encourage you to use one of the many programs available to file online. It saves time, money and paper. E-filing cuts processing costs, and it means quicker refunds for taxpayers like you. For many taxpayers, e-filing is free. West Virginia continues an agreement with Free File Alliance member companies, allowing qualified West Virginia taxpayers to file online at no charge. Each Free File Alliance member sets eligibility requirements for its program. To find out if you’re eligible, visit the Free Income Tax E-File section at www.WVTax.gov. The Tax Department provides free assistance to all taxpayers each weekday. Call (800) 982-8297, e-mail TaxWVTaxAid@wv.gov or visit www.WVTax.gov to learn more and find the locations for Taxpayer Services Division offices throughout the state. Every day, we work to improve and expand the services you deserve. When you file a return, you are investing in West Virginia’s future, and we hope to show our appreciation by making the process as easy and efficient as possible. Sincerely, State Tax Commissioner –2–
N e w f o r 2 0 1 2 For tax years beginning on or after January 1, 2012, taxpayers with low income may be eligible to claim both the Senior Citizen Tax Credit and the Homestead Excess Property Tax Credit. The credit amounts must be entered on lines 13 and 14 of the IT-140 and no longer need to be entered on the Tax Credit Recap Schedule. For more information regarding the income guidelines for the Senior Citizen Tax Credit and Homestead Excess Property Tax Credit, please see Schedule SCTC-1 and HEPTC-1. Both Schedule HEPTC-1 and Schedule SCTC-1 must be filed with the IT-140. Amended Return instructions have been updated and should reduce the processing time of returns. Official Payments will no longer process online payments made to the West Virginia State Tax Department. To make payments online please go to www.wvtax.gov. Schedule NFA-1 – The Nonfamily Adoption Credit has increased to $4,000. It can be taken for the year of the adoption of each nonfamily child, as long as the child is younger than 18. The taxpayer can choose to take this credit over a period of three years. Schedule ATTC-1 – The Apprenticeship Training Tax Credit has increased. For years beginning on and after Jan. 1, 2012, the credit will be $2 per hour multiplied by the total number of hours an apprentice works during the tax year for the taxpayer. The credit amount for each apprentice will not exceed $2,000, or 50 percent of actual wages paid during that year for the apprenticeship, whichever is less. Schedule UT – The West Virginia Purchaser’s Use Tax is a tax on the use of tangible personal property or services in West Virginia when sales tax has not been paid. The Use Tax applies to the following: Internet purchases, magazine subscriptions, mail-order purchases, out-of-state purchases, telephone purchases originating outside the state, TV shopping network purchases and other taxable item purchases. An additional calculation on Part 1 of Schedule UT relates to the Food Tax reduction. Food purchases made between Jan. 1, 2012, and June 30, 2012, are calculated at 2 percent. Food purchases made between July 1, 2012, and Dec. 31, 2012, are calculated at 1 percent. For detailed instructions, see page 14. –3–
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Forms & instructions - State of West Virginia

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