Form WV/SEV-400 "Severance Tax - Estimate" - West Virginia

What Is Form WV/SEV-400?

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.

Form Details:

  • The latest edition provided by the West Virginia State Tax Department;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form WV/SEV-400 by clicking the link below or browse more documents and templates provided by the West Virginia State Tax Department.

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Download Form WV/SEV-400 "Severance Tax - Estimate" - West Virginia

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STATE OF WEST VIRGINIA
State Tax Department, Tax Account Administration Div
P.O. Box 425
Charleston, WV 25322-0425
Name
Address
Account #:
City
State
Zip
WEST VIRGINIA SEVERANCE TAX - ESTIMATE
WV/SEV-400
rtL120 v.11-Web
Period Ending:
Due Date:
See back of return for instructions and information.
TAX COMPUTATIONS
RESOURCE
TAXABLE AMOUNT
RATE
TAX DUE
1.
SAND or GRAVEL
0.05
.
.
OIL
0.05
2.
.
.
NATURAL GAS
0.05
3.
.
.
COALBED METHANE
0.05
4.
.
.
LIMESTONE or SANDSTONE
0.05
5.
.
.
Other Natural Resources - Natural Gas Liquids *
0.05
6.
.
.
7.
Gross Amount of Tax (Add Lines 1 through 6)
.
8.
Investment Credits
.
Adjusted Tax (Line 7 minus Line 8)
9.
.
$41.67 Per Month Annual Exemption
10.
.
Total Tax Due (Line 9 minus Line 10)
11.
.
This form is for quarterly or monthly reporting only and cannot be used as an annual or final return. This form must be completed and
returned even though no business may have been transacted. If your business was sold or discontinued, please indicate the exact date and
the new owner on the back of this form.
* Natural Gas Liquids include ethane, butane, propane, condensate, etc.
SIGNATURE
DATE
MAIL TO: WEST VIRGINIA STATE TAX DEPARTMENT
Tax Account Administration Div
P.O. Box 425, Charleston, WV 25322-0425
FOR ASSISTANCE CALL (304) 558-3333 TOLL FREE (800) 982-8297
For more information visit our web site at: www.tax.wv.gov
G
1
1
2
0
0
8
0
1
W
File online at https://mytaxes.wvtax.gov
STATE OF WEST VIRGINIA
State Tax Department, Tax Account Administration Div
P.O. Box 425
Charleston, WV 25322-0425
Name
Address
Account #:
City
State
Zip
WEST VIRGINIA SEVERANCE TAX - ESTIMATE
WV/SEV-400
rtL120 v.11-Web
Period Ending:
Due Date:
See back of return for instructions and information.
TAX COMPUTATIONS
RESOURCE
TAXABLE AMOUNT
RATE
TAX DUE
1.
SAND or GRAVEL
0.05
.
.
OIL
0.05
2.
.
.
NATURAL GAS
0.05
3.
.
.
COALBED METHANE
0.05
4.
.
.
LIMESTONE or SANDSTONE
0.05
5.
.
.
Other Natural Resources - Natural Gas Liquids *
0.05
6.
.
.
7.
Gross Amount of Tax (Add Lines 1 through 6)
.
8.
Investment Credits
.
Adjusted Tax (Line 7 minus Line 8)
9.
.
$41.67 Per Month Annual Exemption
10.
.
Total Tax Due (Line 9 minus Line 10)
11.
.
This form is for quarterly or monthly reporting only and cannot be used as an annual or final return. This form must be completed and
returned even though no business may have been transacted. If your business was sold or discontinued, please indicate the exact date and
the new owner on the back of this form.
* Natural Gas Liquids include ethane, butane, propane, condensate, etc.
SIGNATURE
DATE
MAIL TO: WEST VIRGINIA STATE TAX DEPARTMENT
Tax Account Administration Div
P.O. Box 425, Charleston, WV 25322-0425
FOR ASSISTANCE CALL (304) 558-3333 TOLL FREE (800) 982-8297
For more information visit our web site at: www.tax.wv.gov
G
1
1
2
0
0
8
0
1
W
File online at https://mytaxes.wvtax.gov
INSTRUCTIONS FOR FILING WV/SEV-400
All producers of natural resources must file a severance tax return to report the gross value or gross
income from natural resources severed and/or processed within West Virginia. Producers and
processers of coal must file WV/SEV-4OOC, producers of timber must file WV/SEV-400T. All other
producers file WV/SEV400. It is extremely important that you separate the gross income value of
each type of natural resource you produce under the proper class code on the front of the return.
Natural Gas Liquids, ethane, butane, propane, condensate, etc is reported on line 6 as "Other Natural Resourses".
This return is for reporting monthly or quarterly estimates. If your net tax is $1,000 or more per
month you are required to file 11 monthly estimate returns. If your net tax is less than $1,000
per month, but more than $50 per month, you are required to file 3 quarterly estimate returns.
The annual return you file at the end of your taxable year will include the last month's or quarter's
tax due. If your net tax liability is less than $600 per year, you are not required to file estimate
returns; your entire amount of tax due will be included on your annual return.
You may claim credit for any investment credits for which you qualify on line eight (8) of the
return. An annual exemption of $41.67 per month may be claimed on line ten (10), up to the
adjusted tax. If you qualify for any other exemptions from the tax, you may exclude the exempt
amount from the gross taxable amount on the estimated monthly or quarterly return and provide
detail on the annual return.
1.
If you purchased this business during the last twelve (12) months, give the name and last known address of the previous
owner. A successor in business could become liable for outstanding taxes owed by a previous owner.
2.
If you quit business during the last twelve (12) months, write “yes” in the space provided and give the exact date you quit.
If you did not, write “no” in the space. If you sold your business during the last twelve (12) months, write “yes” in the
space provided, give the date of the sale, and provide the full name and address of the new owner. If you did not sell this
business, write “no” in the space.
a. Quit Business?
Sell or otherwise dispose of your business?
Exact date
b. If business was sold, give exact name and address of new owner
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