RBIC-A: Residential Historic Rehabilitated Buildings Investment Credit (Revision 2001-01)
West Virginia · WV Tax Division · Used for tax years 2026
Schedule RBIC-A calculates West Virginia’s Residential Historic Rehabilitated Buildings Investment Credit against personal income tax. It reports qualified rehabilitation expenditures, the project certification number, the credit allowed for the current year, and any excess credi
Who files this form
Use Schedule RBIC-A to claim the Residential Historic Rehabilitated Buildings Investment Credit against West Virginia Personal Income Tax.
Eligibility is limited to taxpayers who make qualified rehabilitation expenditures on nonincome-producing properties in West Virginia on or after December 31, 1999, and receive certification from the West Virginia Department of Culture and History. The residential building must be designated a certified historic structure and qualify as a qualified rehabilitated residential building.
What you'll need
- Schedule RBIC-A and your state income tax return.
- A copy of your request for final certification from the West Virginia Department of Culture and History, Form 10-168c.
- The certification certificate requested on Line 1 and the project certification number for Line 4.
- Your qualified rehabilitation expenditure amounts, including the amount incurred on or after December 31, 1999.
- Your current-year pre-credit tax liability from Form IT-140, Line 8, and the amounts of other allowable credits claimed, excluding the Capital Company Credit.
The schedule also asks for your name, tax identification number, and address.
How to file
Attach Schedule RBIC-A and a copy of your request for final certification, Form 10-168c, to your state income tax return. Line 1 also asks you to attach the certification certificate.
To complete the schedule:
- Enter total qualified rehabilitation expenditures on Line 1 and the portion incurred on or after December 31, 1999, on Line 2.
- Multiply Line 2 by 20% and enter the result on Line 3.
- Enter the project certification number on Line 4 and your pre-credit tax liability on Line 5.
- Enter other allowable credits, excluding the Capital Company Credit, on Line 6a. Subtract Line 6a from Line 5 for Line 6b.
- Enter the smaller of Line 3 or Line 6b on Line 7 as your allowed current-year credit.
- Subtract Line 7 from Line 3 and enter the excess credit on Line 8.
The provided text does not specify a mailing address or e-filing procedure.
Common mistakes
- Forgetting the attachments. The form reminds you to attach Schedule RBIC-A and a copy of your request for final certification, Form 10-168c, to your state income tax return. Line 1 also requests the certification certificate.
Questions people ask
How much is the credit?
The credit is 20% of qualified rehabilitation expenditures. Line 3 calculates it using the qualifying expenditures on Line 2. Your current-year allowed credit is the smaller of that amount or your tax liability remaining after the other credits entered on Line 6a.
Can I carry unused credit forward?
Yes. If Line 6b is less than Line 3, you may elect to carry the excess forward for five years or until all allowable credit is used. Only credits qualifying after December 31, 1999, qualify for carryforward treatment.
Does the property have to be in West Virginia?
Yes. The building or area must be located in West Virginia, and the project requires review by the West Virginia Department of Culture and History.
Where can I find more guidance?
The form directs taxpayers to Publication TSD-380A for additional guidelines and procedures for claiming the credit.