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 the CIT-120APT form?A: The CIT-120APT form is the Allocation and Apportionment form for Multistate Businesses in West Virginia.

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

Q: What is the purpose of the CIT-120APT form?A: The CIT-120APT form is used to allocate and apportion income for multistate businesses in order to determine their West Virginia tax liability.

Q: When is the deadline to file the CIT-120APT form?A: The deadline to file the CIT-120APT form in West Virginia is generally the same as the deadline to file the business's annual tax return, which is typically April 15th.

Q: Are there any penalties for late filing of the CIT-120APT form?A: Yes, there may be penalties for late filing of the CIT-120APT form in West Virginia.

Q: What information is required on the CIT-120APT form?A: The CIT-120APT form requires information such as the business's total income, sales, property, and payroll in both West Virginia and other states.

Q: Do I need to include supporting documentation with the CIT-120APT form?A: Yes, supporting documentation such as schedules and worksheets may need to be included with the CIT-120APT form.