K-1C: Schedule of WV Partner/Shareholder/Member/Beneficiary Information for Corporations Subject to Corporate Income Tax (2025)
West Virginia · WV Tax Division · Used for tax years 2025
West Virginia Schedule K-1C reports a pass-through entity owner's share of West Virginia income, gains, losses, modifications and tax credits when the owner is treated as a C corporation. It also reports ownership information and any West Virginia tax withheld for a nonresident o
Who files this form
West Virginia Schedule K-1C is used by a pass-through entity to report an owner's share of gains, losses, modifications and credits when the owner is treated as a C corporation subject to West Virginia income tax.
The corporate owner should file Schedule K-1C with its corporation net income tax return.
For owners that are not C corporations, including individuals, partnerships, LLCs and S corporations, use Schedule K-1 instead.
What you'll need
Have the following information and records ready:
- The organization's taxable-year beginning and ending dates, name, address, identification numbers and entity type.
- The owner's name, address, identification numbers and percentage of ownership.
- The owner's share of income allocated to West Virginia and, for a nonresident owner, income subject to withholding and the amount withheld.
- The entity's Schedule B, which supplies the modifications reported on lines 2 through 15.
- The entity's Schedule CIT-120TC, which supplies the tax credits reported on lines 16 through 38.
How to file
File Schedule K-1C with the corporate owner's corporation net income tax return.
If the organization submits K-1C for information purposes, it must check the “From SP” box and include the partner, shareholder, member or beneficiary on Schedule SP.
The supplied text does not provide a mailing address or e-filing instructions.
Common mistakes
- Using K-1C for an owner that is not a C corporation. The text directs those owners to Schedule K-1 instead.
- Reporting income that is not allocated to West Virginia. All income reported on K-1C should be allocated to West Virginia.
- Leaving an information-only K-1C unmarked. The organization must check “From SP” and include the owner on Schedule SP.
- Omitting K-1C from the corporate owner's corporation net income tax return. The text says it should be filed with that return.
Questions people ask
How is Schedule K-1C different from Schedule K-1?
K-1C reports information for owners treated as C corporations subject to West Virginia income tax. Schedule K-1 is for owners that are not C corporations, including individuals, partnerships, LLCs and S corporations.
What belongs in the withholding section?
Line 1 reports the nonresident owner's share of income. Line 2 reports the amount withheld for that owner.
Where do the modification and credit amounts come from?
Lines 2 through 15 report the owner's share of modifications from the entity's Schedule B. Lines 16 through 38 report the owner's share of tax credits from the entity's Schedule CIT-120TC.
Should K-1C include income allocated outside West Virginia?
No. The text says all income reported on K-1C should be allocated to West Virginia.
What does “From SP” mean?
It identifies an information-only K-1C. When submitting the schedule for information purposes, the organization must check that box and include the owner on Schedule SP.