Instructions for Form STC-1235 West Virginia Oil and Gas Producer / Operator Return - West Virginia

Form STC-1235 West Virginia Oil and Gas Producer/Operator Return - West Virginia

This document contains official instructions for Form STC-1235 , West Virginia Oil and Gas Producer/Operator Return - a form released and collected by the West Virginia State Tax Department. An up-to-date fillable Form STC-1235 is available for download through this link.

FAQ

Q: What is Form STC-1235?
A: Form STC-1235 is the West Virginia Oil and Gas Producer/Operator Return.

Q: Who needs to file Form STC-1235?
A: Oil and gas producers and operators in West Virginia need to file Form STC-1235.

Q: What information is required on Form STC-1235?
A: Form STC-1235 requires information about oil and gas production and operations in West Virginia, including lease name, well information, and production data.

Q: When is the deadline to file Form STC-1235?
A: The deadline to file Form STC-1235 is typically on or before April 1st of the year following the reporting period.

Q: Are there any penalties for not filing Form STC-1235?
A: Yes, there are penalties for not filing Form STC-1235 or for filing late, including interest charges and penalties based on the amount of tax owed.

Q: What other forms or documentation may be required along with Form STC-1235?
A: Depending on your specific situation, additional forms and documentation may be required, such as schedules, worksheets, and supporting documents.

Q: Is there a way to request an extension for filing Form STC-1235?
A: Yes, it is possible to request an extension by contacting the West Virginia Department of Tax and Revenue.

Q: Is there a separate form for refunds or credits related to oil and gas production in West Virginia?
A: Yes, there is a separate form for refunds or credits related to oil and gas production in West Virginia, called Form STC399.