CIT-120APT: Allocation and Apportionment for Multistate Businesses (2024)
West Virginia · WV Tax Division · Used for tax years 2024
West Virginia Form CIT-120APT is used by corporations subject to tax in more than one state to allocate and apportion income to West Virginia. It reports nonbusiness income and apportionment factors based on sales, motor carrier vehicle mileage, or financial organization gross re
Who files this form
Corporations subject to tax in more than one state use CIT-120APT to allocate and apportion their income to West Virginia. Complete this form and attach it to Form CIT-120.
What you'll need
The form calls for:
- Your corporation's FEIN and Form CIT-120, to which CIT-120APT must be attached.
- Gross income, related expenses, and net income for the nonbusiness income categories listed in Schedules A1 and A2.
- Income from nonunitary sources reported on Schedule K-1C, if applicable.
- Costs and federal depreciation or amortization for the West Virginia water/air pollution control facilities listed in Schedule A2.
- West Virginia and everywhere totals for the applicable Schedule B factor: sales, vehicle mileage, or gross receipts.
How to file
Complete CIT-120APT and attach it to Form CIT-120.
- Schedule A1: Report everywhere nonbusiness income. Add lines 1 through 8 in Column 3 and enter the total on Schedule 2, line 5.
- Schedule A2: Report nonbusiness income allocated to West Virginia and the listed pollution-control-facility adjustments. Enter the line 13 total on Schedule 2, line 9.
- Schedule B: Use the applicable factor: sales for the regular factor, vehicle mileage for motor carriers, or gross receipts for financial organizations. Divide Column 1, West Virginia, by Column 2, everywhere. Enter the result as a six-digit decimal in Column 3 and on Form CIT-120, Schedule 2, line 7.
The supplied form does not give a mailing address or e-file directions.
Common mistakes
- Leaving Schedule B incomplete: The form warns that failure to complete CIT-120APT, Schedule B will result in 100% apportionment to West Virginia.
Questions people ask
What is CIT-120APT used for?
Corporations subject to tax in more than one state use it to allocate and apportion income to West Virginia.
What is the difference between Schedules A1 and A2?
Schedule A1 covers everywhere allocation of nonbusiness income. Schedule A2 covers West Virginia allocation of nonbusiness income.
Which apportionment factors appear on Schedule B?
Part 1 uses sales for the regular factor. Part 2 uses vehicle mileage for motor carriers. Part 3 uses gross receipts for financial organizations.
Where do I enter the Schedule B result?
Enter the six-digit decimal from Column 3 on Form CIT-120, Schedule 2, line 7.