Schedule B: Modifications to Federal S Corporation and Partnership Income (2025)
West Virginia · WV Tax Division · Used for tax years 2025
West Virginia Schedule B (Form PTE-100) reports adjustments that increase or decrease federal S corporation and partnership income for 2025. It also includes Schedule B-1 to calculate an allowance for governmental obligations and obligations secured by residential property.
What you'll need
The 2025 Schedule B refers to these forms and schedules:
- Schedule A: Used to calculate adjusted income for Schedule B-1 and to report the totals from Schedule B.
- Schedule L of federal Form 1120S or Form 1065: Provides total assets for Schedule B-1, line 6.
- Schedule B-1: Complete this schedule for the allowance for governmental obligations or obligations secured by residential property reported on Schedule B, line 10.
Schedule B also asks for a brief description of any other increasing adjustments on line 5 or other decreasing adjustments on line 9.
Questions people ask
Where do I report total increasing adjustments?
Add Schedule B lines 1 through 5. Enter the total on Schedule B, line 6, and Schedule A, line 5.
Where do I report total decreasing adjustments?
Add Schedule B lines 7 through 10. Enter the total on Schedule B, line 11, and Schedule A, line 6.
How do I calculate the ratio on Schedule B-1?
Add lines 1 through 4 and enter the total on line 5. Divide line 5 by the total assets on line 6. Enter the result on line 7, rounded to six decimal places.
How do I calculate the allowance on Schedule B-1?
First, calculate adjusted income on line 8: add Schedule A, line 4, and Schedule B, line 6, then subtract the sum of Schedule B lines 7 through 9. Multiply Schedule B-1, line 7, by line 8, disregarding the sign. Enter the allowance on Schedule B-1, line 9, and Schedule B, line 10.