K-1: Schedule of WV Partner/Shareholder/Member/Beneficiary Income, Loss, Modification, Credits, and Withholding (2025)
West Virginia · WV Tax Division · Used for tax years 2025
West Virginia Schedule K-1 reports a partner’s, shareholder’s, member’s, or beneficiary’s share of income, losses, tax modifications, and credits for 2025. It also reports West Virginia tax withheld for nonresident owners.
Who files this form
Pass-through entities use West Virginia Schedule K-1 to report each owner’s share of income, gains, losses, modifications, credits, and any required nonresident withholding.
- Provide this schedule to all owners who are not C corporations. Use Schedule K-1C for owners that are C corporations.
- Owners receiving Schedule K-1 must file a West Virginia tax return that includes all WV Schedules K-1 provided to them.
- Partners, members, and shareholders must include their share of income on their individual income tax returns, whether or not the income was distributed.
What you'll need
Have the following information and schedules available:
- The organization’s name, address, identification numbers, entity type, and tax-year beginning and ending dates.
- The owner’s name, address, identification numbers, and ownership percentage.
- The owner’s share of income and, for a nonresident owner, the amount of West Virginia tax withheld.
- The entity’s Schedule B for the modifications reported on lines 2 through 10.
- The entity’s Schedule PTE-100TC for the credits reported on lines 11 through 30.
Owners need all WV Schedules K-1 provided to them to include with their West Virginia tax return.
How to file
The entity should provide WV Schedule K-1 to each owner who is not a C corporation.
Owners must include all WV Schedules K-1 received with their West Virginia tax return. Report the income or loss, credits, deductions, and other items for the year in which the entity’s tax year ends.
The supplied text does not specify a mailing address or an e-filing method.
Common mistakes
- Leaving out income that was not distributed. Partners, members, and shareholders must report their share whether or not it was distributed.
- Using Schedule K-1 for a C corporation owner. The form directs entities to use Schedule K-1C instead.
- Omitting a WV Schedule K-1 from an owner’s return. Owners must include all WV Schedules K-1 provided to them.
- Missing the information-only reporting steps. When submitting a K-1 for information purposes, the entity must check “From SP” and include the partner, shareholder, member, or beneficiary on Schedule SP.
Questions people ask
Do I report my share of income if I did not receive a distribution?
Yes. Partners, members, and shareholders are liable for tax on their share of income whether or not it was distributed, and must include it on their individual income tax return.
Which return year should include the K-1 amounts?
Include the amounts on your West Virginia income tax return for the year in which the entity’s tax year ends.
What goes in the withholding section?
Line 1 reports the nonresident owner’s distributive share of income. Line 2 reports the amount withheld for that nonresident owner.
What does “From SP” mean?
It identifies an information-only K-1. The entity must check that box when submitting the K-1 for information purposes and include the named partner, shareholder, member, or beneficiary on Schedule SP.