Schedule SP: Summary of K-1 Shareholders/Partners Ownership and Computation of Withholding Tax (2025)
West Virginia · WV Tax Division · Used for tax years 2025
West Virginia Schedule SP is part of Form PTE-100 and summarizes shareholders’ or partners’ ownership, residency or tax status, and West Virginia distributive income. It reports tax withheld for nonresident composite participants and other nonresidents, with totals transferred to
Who files this form
Schedule SP is part of Form PTE-100 and summarizes K-1 shareholders’ or partners’ ownership, West Virginia distributive income, and withholding tax.
Taxpayers reporting more than 10 shareholders or partners must file their PTE-100 return electronically.
What you'll need
The 2025 schedule asks for the following information:
- The entity’s FEIN and total West Virginia income.
- Each shareholder’s or partner’s name and SSN or FEIN.
- One status for each owner: WV resident, nonresident composite, nonresident, or NRW-4 or tax exempt.
- Each owner’s percentage of ownership and West Virginia distributive income.
- Tax withheld for nonresident composite owners and other nonresident owners.
The form also has boxes to indicate whether a single entity has 100% ownership and whether the entity is a publicly traded partnership.
How to file
Taxpayers reporting more than 10 shareholders or partners must file their PTE-100 return electronically.
When completing Schedule SP:
- Transfer the total of Column F to line 7 in the Withholding column of PTE-100.
- Transfer the total of Column G to line 8 in the Withholding column of PTE-100.
Common mistakes
- Checking more than one owner status. Column C says to check only one.
- Using the wrong ownership format. Enter ownership to the sixth decimal place. For example, enter 100% as
1.000000. - Transferring withholding totals to the wrong lines. Column F goes to PTE-100 line 7, and Column G goes to line 8, both in the Withholding column.
- Missing the electronic filing requirement. If you report more than 10 shareholders or partners, you must file PTE-100 electronically.
Questions people ask
What does Schedule SP summarize?
It summarizes K-1 shareholders’ or partners’ ownership, West Virginia distributive income, and withholding tax for Form PTE-100.
How do I enter 100% ownership?
Enter 1.000000. The form requires ownership to the sixth decimal place.
What if I report more than 10 shareholders or partners?
You must file your PTE-100 return electronically.
Where do the withholding totals go on PTE-100?
Transfer the Column F total to line 7 and the Column G total to line 8, both in the Withholding column.
Can I check more than one status for an owner?
No. Column C instructs you to check only one status.