Form CIT-120APT Allocation and Apportionment for Multistate Businesses - West Virginia

What Is Form CIT-120APT?

This is a legal form that was released by the West Virginia State Tax Department - a government authority operating within West Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is CIT-120APT?
A: CIT-120APT is a form used for allocation and apportionment of income for multistate businesses in West Virginia.

Q: Who needs to file CIT-120APT?
A: Multistate businesses operating in West Virginia need to file CIT-120APT.

Q: What is the purpose of CIT-120APT?
A: The purpose of CIT-120APT is to determine the portion of a multistate business's income that is taxable in West Virginia.

Q: How is income allocated and apportioned using CIT-120APT?
A: Income is allocated and apportioned based on factors such as sales, property, and payroll in West Virginia compared to the total sales, property, and payroll of the business.

Q: When is the deadline to file CIT-120APT?
A: The deadline to file CIT-120APT is generally the same as the due date for the West Virginia corporate income tax return, which is the 15th day of the fourth month following the end of the taxable year.