Form IT-140 Schedule FTC-1 Family Tax Credit Schedule Ftc-1 - West Virginia

What Is Form IT-140 Schedule FTC-1?

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 IT-140, Tax Credit Recap Schedule. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IT-140 Schedule FTC-1?A: Form IT-140 Schedule FTC-1 is a tax form used in West Virginia to claim the Family Tax Credit.

Q: What is the Family Tax Credit?A: The Family Tax Credit is a tax credit available to eligible taxpayers in West Virginia.

Q: Who is eligible for the Family Tax Credit?A: Eligibility for the Family Tax Credit in West Virginia varies based on income and the number of dependents.

Q: How do I fill out Form IT-140 Schedule FTC-1?A: You can fill out Form IT-140 Schedule FTC-1 by following the instructions provided by the West Virginia State Tax Department.

Q: When is the deadline to file Form IT-140 Schedule FTC-1?A: The deadline to file Form IT-140 Schedule FTC-1 in West Virginia is typically April 15th, but it may vary each year.

Q: What other documents do I need to file with Form IT-140 Schedule FTC-1?A: You may need to include supporting documents such as W-2 forms and proof of dependent status when filing Form IT-140 Schedule FTC-1 in West Virginia.

Q: Can I e-file Form IT-140 Schedule FTC-1?A: Yes, you can e-file Form IT-140 Schedule FTC-1 if you choose to file your taxes electronically.

Q: Is the Family Tax Credit refundable?A: No, the Family Tax Credit in West Virginia is non-refundable and can only be used to offset state income tax liability.