This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form CIT-120 for the current year.
This document contains official instructions for Form CIT-120 , West Virginia Corporation Net Income Tax Return - a form released and collected by the West Virginia State Tax Department. An up-to-date fillable Form CIT-120 Schedule 1 is available for download through this link.
Q: What is Form CIT-120?
A: Form CIT-120 is the West Virginia Corporation Net Income Tax Return.
Q: Who needs to file Form CIT-120?
A: All corporations doing business in West Virginia are required to file Form CIT-120.
Q: What is the purpose of Form CIT-120?
A: Form CIT-120 is used to report a corporation's net income and calculate the tax liability.
Q: When is Form CIT-120 due?
A: Form CIT-120 is due on or before the 15th day of the fourth month following the close of the corporation's tax year.
Q: Are there any extensions available for filing Form CIT-120?
A: Yes, corporations can request a 6-month extension by filing Form CIT-121.
Q: What are the penalties for late filing of Form CIT-120?
A: Late filing of Form CIT-120 may result in penalties and interest charges.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the West Virginia State Tax Department.