This version of the form is not currently in use and is provided for reference only. Download this version of Form CIT-120 Schedule 2 for the current year.
This is a legal form that was released by the West Virginia State Tax Department - a government authority operating within West Virginia.The document is a supplement to Form CIT-120, Corporation Net Income Tax Return. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form CIT-120 Schedule 2?
A: Form CIT-120 Schedule 2 is a tax form used by corporations that are separate entity filers with multistate activity in West Virginia.
Q: Who needs to file Form CIT-120 Schedule 2?
A: Corporations that are separate entity filers with multistate activity in West Virginia need to file Form CIT-120 Schedule 2.
Q: What is a separate entity filer?
A: A separate entity filer is a corporation that is not part of a combined group for tax purposes.
Q: What is multistate activity?
A: Multistate activity refers to conducting business in more than one state.
Q: What is the purpose of Form CIT-120 Schedule 2?
A: The purpose of Form CIT-120 Schedule 2 is to calculate and report the corporation's West Virginia apportionment percentage and tax liabilities.
Q: Is there a deadline for filing Form CIT-120 Schedule 2?
A: Yes, the deadline for filing Form CIT-120 Schedule 2 is typically the same as the corporation's annual tax returnfiling deadline.
Q: Are there any additional requirements for filing Form CIT-120 Schedule 2?
A: Yes, corporations filing Form CIT-120 Schedule 2 may also need to submit other supporting documents and information as required by the West Virginia Department of Revenue.
Q: What should I do if I need help with Form CIT-120 Schedule 2?
A: If you need assistance with Form CIT-120 Schedule 2, you can contact the West Virginia Department of Revenue or consult a tax professional.
Form Details:
Download a printable version of Form CIT-120 Schedule 2 by clicking the link below or browse more documents and templates provided by the West Virginia State Tax Department.