Free West Virginia It 140X Form

West Virginia It 140X Example

Form Specifications

Guide to Filling Out West Virginia It 140X

Things You Should Know About West Virginia It 140X

Common mistakes

Documents used along the form

Similar forms

Dos and Don'ts

Misconceptions

Key takeaways

Popular PDF Forms

⇝

The West Virginia IT-140X form is specifically designed for amending income tax returns for residents of West Virginia for taxable years 2003 through 2006. This form allows taxpayers to correct previously submitted financial information or change their filing status to accurately reflect their tax obligations for a given year. It plays a crucial role for individuals seeking to rectify any discrepancies in their initial filings, ensuring their state tax records are accurate and up-to-date.

Open Form Here

Article Map

Filing an amended income tax return can be a critical step for taxpayers who need to correct or update information on their original tax submissions. In West Virginia, the IT-140X form serves this purpose, enabling individuals to amend their state income tax returns for specific taxable years. Essential for various circumstances, such as reporting additional income, claiming missed deductions, or correcting filing statuses, this form requires a detailed breakdown of the original figures, adjustments made, and the corrected amounts. It incorporates sections for personal information, residency status, filing status adjustments, and detailed financial adjustments, including income, exemptions, taxes owed, or refunds due. Additionally, it allows taxpayers to explain adjustments, ensuring clarity and facilitating the processing of the amended return. The form also includes provisions for nonresidents or part-year residents, addressing their unique filing requirements. Ultimately, the IT-140X form is a vital tool for maintaining accurate tax records and ensuring compliance with West Virginia state tax laws.

West Virginia Amended Income Tax Return - 20_____ IT-140X

Or other taxable year beginning _______________, 20_____ Ending _______________, 20_____(Rev. 03/07)

THIS FORM MAY BE USED ONLY FOR TAXABLE YEARS 2003 THRU 2006

USE

LABEL,

OR TYPE

Last Name	Name(if joint return, give first names and initials of both

Present home address (number and street, including apartment number, or rural route)

City orTown	County	State	ZipCode

Your Year of Birth		Spouse's Year of Birth

Your Social Security Number

Spouse'sSocialSecurityNumber

Daytime Phone Number

RESIDENCY STATUS:

Resident for the entire tax year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Nonresident/Part-Year Resident filing aWest Virginia Nonresident/Part-Year Resident Return (Form IT-140 NR/PY) . . . . . . . . .

Nonresident filing a West Virginia Nonresident Special Return (Form IT-140 NRS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ORIGINAL THIS RETURN RETURN

FILING STATUS:

1. Single, Head of Household, or Widow(er) with Dependent Child . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2. Married Filing Jointly (even if only one spouse had income) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Married Filing Separately. Give spouse's social security number above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

and enter spouse's full name here:

ORIGINAL	THIS
RETURN	RETURN
1	1
2	2
3	3

2. Exemption for Surviving Spouse: Enter year spouse died __________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Total West Virginia Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enclose W-2'S/1099's And Payment

	COLUMN A	COLUMN B	COLUMN C
Explain all adjustments using Part II on the back of this return!	COLUMN A	NET CHANGE INCREASE	COLUMN C
	ON ORIGINAL RETURN	NET CHANGE INCREASE	CORRECTED AMOUNT
		OR (DECREASE)

1.Federal Adjusted Gross Income (attach copy of Federal Form 1040X) . 1

2.	West Virginia Modifications		. . .	.	. . . . . . . . . .	. . .	. . . . .		2
3.	West Virginia Adjusted Gross Income (line 1 plus or minus line 2) . . . .								3
4.	Low Income Earned Income Exclusion (see instructions)								4
5.	Exemptions (see instructions)		. . .	.	. . . . . . . . . .	. . .	. . . . .		5
6.	West Virginia Taxable Income (line 3 minus lines 4 and 5)								6
7.	Tax: from Rate Schedule	, Schedule T			, or Part III
	NONRESIDENTS/PART-YEAR RESIDENTS MUST USE PART III.								7

8.	West Virginia Income Tax Withheld					. . .	. . . . .		8
9.	Estimated Tax Payments and Payments with Schedule L								9
10.	Senior Citizens Tax Credit For Property Tax Paid (attach Form WV/SCTC-1) .								10
11.	Business/ Investment/ Employment/ Non-Family Adoption Credits								11
12.	Credit for Income Tax Paid to Other State(s)					. . .	. . . . .		12
13.	Amount Paid With Previous Return(s)								. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	13
14.	Sum of Credits and Payments (sum of lines 8 through 13)									14
15.	Refund Received from Previous Return(s)					. . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		15
16.	Estimated Credit Applied to a Subsequent Tax Year from Previous Return(s)									16
17.	Contributions from Previous Return(s)					. . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		17
18.	Sum of Previous Refunds and Credits (add lines 15, 16, and 17)									18
19.	Total Allowable Credits and Payments (line 14 minus line 18)									19
20.	If line 19 is LESS than line 7, column C, enter BALANCE DUE (the State)									20
	CHECK HERE IF PAYMENT BY CREDIT/DEBIT CARD (see instructions)
21.	If line 19 is LARGER than line 7, column C, enter				OVERPAYMENT					21
22.	Amount to be Credited to Next Year's Estimated Tax (see instructions)									22
23.	Subtract line 22 from line 21, REFUND (due you) .				. . . . . . . . . .	. . .	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		23

MAIL TO: West Virginia StateTax Department, Revenue Division,

P.O. Box 1071, Charleston, WV 25324-1071

*P40200601W*

PART I: TAX RATE SCHEDULES

		RATE SCHEDULE I				RATE SCHEDULE II

Single, Married filing jointly, Head of household, and Widow(er)				Married	filing separately
with dependent		child
Use this schedule if you checked box number 1 or 2 under "FILING STATUS"				Use this schedule if you checked box number 3 under "FILING STATUS"
Less than $10,000		. . . . . .	. . . . . . . . . 3% of the taxable income	Less than $5,000 . . .		. . . .	. . . . . . . . .	3% of the taxable income
At least-	But less than−			At least−	But less than−
$10,000	$25,000	. . . . . . . $	300.00 plus 4% of excess over $10,000	$ 5,000	$12,500 . . . .	. . . $	150.00 plus 4%	of excess over $ 5,000
$25,000	$40,000	. . . . . . . $	900.00 plus 4.5% of excess over $25,000	$12,500	$20,000 . . . .	. . . $	450.00 plus 4.5%	of excess over $12,500
$40,000	$60,000	. . . . . . . $1,575.00 plus 6% of excess over $40,000		$20,000	$30,000 . . . .	. . . $	787.50 plus 6%	of excess over $20,000
$60,000		. . . . . . . $2,775.00 plus 6.5% of excess over $60,000		$30,000	. . . .	. . . $1,387.50 plus 6.5%		of excess over $30,000

PART II: EXPLANATION OF CHANGES TO INCOME, STATUS, EXEMPTIONS, AND CREDITS

Enter the box or line number from the front of this form for each item you are changing and give the reason for each change. Attach all supporting forms and schedules for items changed. Be sure to include your name and social security number on any attachments.

PART III: NONRESIDENT/PART-YEAR RESIDENT TAX CALCULATION

		1
1.	Tentative Tax (apply the rate schedules above to the amount shown in column C, line 6)
	IF YOU WERE SUBJECT TO FEDERAL MINIMUM TAX, USE SCHEDULE T TO CALCULATE
	YOUR TAX (ATTACH SCHEDULE T TO YOUR RETURN).

2.West Virginia Income (include all income during your period of residency and any

		2
	West Virginia source income during your nonresidency; see the instructions)
3.	Federal Adjusted Gross Income (from column C, line 1)	3
		4
4.	Tax (divide line 2 by line 3, and multiply the result by line 1; enter here and in Column C, line 7)	. . . . . . . . . . . . . . . . . . . .
	If you are claiming a federal net operating loss carryback, you must continue to Part IV.

PART IV: NONRESIDENT/PART-YEAR RESIDENT TAX CALCULATION FOR

NET OPERATING LOSS CARRYBACK

		5
5.	Subtract line 2 Part III from your original Federal Adjusted Gross Income (line1, Column A)

6.Income Percentage (Divide line 5 by line 3 Part III and round the result to four decimal places)

	Note: decimal cannot exceed 1.0000	6

7.	Multiply line 1 Part III by the line 6 decimal	7
8.	Subtract line 7 from line 1 Part III	8
9.	West Virginia Tax (Enter the smaller of line 4 Part III or line 8 here and on Page 1, line 7, column C and check Part IV) . .		9
9.

My/our initials in the boxes indicate waiver of my/our rights of confidentiality for the purpose of contacting the preparer regarding this return.

SIGN HERE - Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct, and complete.

Your Signature	Date

Signature of preparer other than taxpayer	Date

Spouse's Signature	Date


Address of preparer	Daytime Phone Number

Rev. 05/04

INSTRUCTIONSFORFORMIT-140X

AMENDEDWESTVIRGINIAPERSONALINCOMETAXRETURN

GENERAL INFORMATION

CHANGES IN YOUR FEDERAL ADJUSTED GROSS INCOME. If the Federal Government makes any change to your Federal income tax return, you are required by law to notify the West Virginia State Tax Department of the change within ninety (90) days after the final determination of such change. If you file an amended Federal income tax return, you are required by law to file an amended West Virginia State income tax return within ninety (90) days thereafter.

WHERE TO OBTAIN FORMS AND INFORMATION. Forms and instructions may be obtained by visiting our web site at www.state.wv.us/taxdiv or by calling our Interactive Voice Response System at (304) 344-2068 or toll free 1-800-422-2075. This system is available 24 hours a day. You may write to the Taxpayer Services Division at P.O. Box 3784, Charleston, WV 25337 or call (304) 558-3333 or toll free 1-800-982-8297 Monday through Friday between 8:30 a.m. and 5:00 p.m.

WHEN SHOULD FORM IT-140X BE USED? Form IT-140X should be used to correct a West Virginia income tax return, Form IT-140 or Form IT-140NR/ PY, and can only be filed after you have filed your original return.

SPECIAL INSTRUCTIONS FOR AMENDING A JOINTLY OR SEPARATELY FILED RETURN. If your original return was filed jointly and you are amending to file separately, your spouse must also file a separate return. If your original filing was married filing separately and you are now amending to file jointly, Column A should reflect only the primary taxpayer’s original filing. If you are changing your filing status from married filing jointly to married filing separately or from married filing separately to married filing jointly you MUST do so in compliance with federal regulations.

SCHEDULES. If any change is made on line 2 (Schedule M), line 7 (Schedule T), line 10 (Business/Investment/Employment/Non-Family Adoption Credits), or line 11 (Schedule E), a corrected schedule must be attached. The required schedules may be obtained by contacting the Taxpayer Services Division.

HOW TO COMPLETE FORM IT-140X

STEP 1

Section A - Type or print your name(s), address, and social security number(s) legibly in the spaces provided. Year of birth: Enter the years in which you and your spouse, if joint return, were born. Telephone number: Enter the telephone number where you can be reached during the day.

Section B - Check only one in each column. If you were not a resident of West Virginia for the entire taxable year, you must use Part III on the back of the form to calculate your West Virginia tax.

Section C - Check only one in each column. If you are married but filing separate returns, enter your spouse’s name in the space provided and his/ her social security number in Section A.

Section D - (Block 1) If your filing status is the same on your State return as on your Federal return, enter the total number of exemptions claimed on the Federal return. If you claimed “0” exemptions on your Federal return, you must claim “0” on your State return. If you are married filing a joint Federal return but separate State returns, enter the total number of exemptions you would have been entitled to claim if you had filed separate Federal returns. (Block 2) If you are eligible to claim an additional exemption as a surviving spouse, list year of spouse’s death and enter “1” in block 2.

(Block 3) If you claimed an exemption in block 2 for being a surviving spouse, add blocks 1 and 2 and enter the result in block 3. Otherwise, enter in block 3 the number of Federal exemptions claimed in block 1.

STEP 2

Complete lines 1 through 22 of IT-140X according to the following line-by-

line instructions:

or as you later amended it. If your return was changed or audited, enter the amounts as adjusted.

COLUMN B - Enter the net increase or net decrease for each line you are changing. Bracket all decreases. Explain each change on page 2, Part II, and attach any related schedules or forms. If you need more space, show the required information on an attached statement.

COLUMN C - Add the increase in column B to the amount in column A, or subtract the column B decrease from column A. Show the result in column

C.Bracket all decreases. For any item you do not change, enter the amount from column A in column C.

LINE 1: FEDERAL ADJUSTED GROSS INCOME. Enter your Federal adjusted gross income.

LINE 2: MODIFICATION(S) TO INCOME. Enter the net plus or minus amount of income modification. If your modification is being adjusted, you must attach a corrected schedule M, which may be obtained from the Taxpayer Services Division.

LINE 3: WEST VIRGINIA ADJUSTED GROSS INCOME. Enter the result of line 1 plus or minus line 2.

LINE 4: LOW-INCOME EARNED INCOME EXCLUSION. If the amount you entered on line 1, Column A is $10,000, or less, you may exclude a portion of your Earned Income received after June 30, 1996.

If you are eligible for the exclusion and need the Low-Income Earned Income Exclusion worksheet or you need additional information regarding this exclusion, contact the Taxpayer Services Division at 1-800-982-8297 or 1- 304-558-3333.

LINE 5: EXEMPTIONS. Multiply the number entered in Section D, Block 3, by $2,000 and enter the result on line 5. If you claimed zero exemptions, enter $500 on line 5.

LINE 6: WEST VIRGINIA TAXABLE INCOME. Subtract lines 4 and 5 from

line 3 and enter the result on line 6.

LINE 7: WEST VIRGINIA INCOME TAX. If you are a resident and marked filing status “1” or "2" in Section C, you must use Rate Schedule I (on page 2, part I) to compute your tax to be entered on line 7; if you marked filing status “3” in Section C, use Rate Schedule II (on page 2, part I) to compute your tax to be entered on line 7. If you are a nonresident or a part-year resident, you must use Part III on the back of Form IT-140X to calculate your West Virginia tax. NOTE: A nonresident or a part-year resident filing a net operating loss carry back, must use Part III and Part IV on the back of Form IT-140x to calculate the West Virginia tax.

Federal Alternative Minimum Tax- If you are subject to the Federal Alternative Minimum Tax, place an “X” in the box provided and use Schedule T to compute your total West Virginia Income Tax. Schedule T applies to both residents and nonresidents.

LINE 8: WEST VIRGINIA INCOME TAX WITHHELD. Enter the amount of West Virginia tax withheld from your wages. If you change these amounts, attach a copy of all additional or corrected forms (W-2, 1099, K-1, etc.) that you received since you filed your original return.

LINE 9: ESTIMATED TAX PAYMENTS AND/OR SCHEDULE L PAYMENTS.

Enter the total amount of estimated tax payments paid by you (and spouse, if joint return) for the taxable year you are amending. Be certain to claim any overpayment that you requested to be applied to your tax and/or any payment made with your West Virginia application for extension of time to file (Schedule L) on your original return.

LINE 10: SENIOR CITIZEN TAX CREDIT FOR PROPERTY TAX PAID. Enter

the amount of allowable credit from Form (WV/SCTC-1).

COLUMN A - Enter the amounts from your return as originally filed

LINE 11: BUSINESS/INVESTMENT/EMPLOYMENT/NON-FAMILY ADOP-

TION CREDITS. If you are claiming one or more of these credits, enter the total of such credits on line 10. If you are changing this amount you must attach the appropriate corrected schedule(s). The schedules and instructions are available upon request to the Taxpayer Services Division. Failure to attach corrected schedule(s) to your return will result in any claimed credit being disallowed.

LINE 12: INCOME TAX PAID OTHER STATE(S). Enter your available Schedule E credit. If you are changing this amount, a corrected Schedule E and a copy of the income tax return filed with the state for which you are claiming credit MUST be attached to your Form IT-140X. Failure to do so will result in any claimed credit being disallowed.

LINE 13: AMOUNT PAID WITH PREVIOUS RETURN(S). Enter the total amount paid with your original and any previous amended return(s).

LINE 14: SUM OF CREDITS AND PAYMENTS. Add lines 8 through 13 and

enter the result.

LINE 15: REFUNDS RECEIVED FROM PREVIOUS RETURN(S). The total amount of refunds received from your original and any previous amended return(s) must be entered on line 15, to be deducted from your total credits on line 14.

LINE 16: ESTIMATED CREDIT APPLIED TO A SUBSEQUENT TAX YEAR

FROM PREVIOUS RETURN(S). The total amount of estimated credit applied to a subsequent year from your original and any previous amended return(s) must be entered on line 16, to be deducted from your total credits on line 14.

LINE 17: CONTRIBUTIONS FROM PREVIOUS RETURN(S). The total amount of any contributions made with your original and any previous amended return(s) must be entered on line 17, to be deducted from your total credits on line 14.

LINE 18: TOTAL OF YOUR PREVIOUS REFUNDS AND CREDITS. Add lines

15, 16 and 17 and enter the result.

LINE 19: TOTAL ALLOWABLE CREDITS AND PAYMENTS. Subtract line 18 from line 14 and enter the result.

LINE 20: BALANCE DUE. If your total tax (line 7) is larger than your total allowable credits and payments (line 19), enter the difference as the Balance Due the State of West Virginia. A check or money order for the total balance due must be made payable to the West Virginia State Tax Department. Use your credit card! It's easy. Just call 1-800-2Pay-Tax or access on the internet at www.officialpayments.com. Both options are provided by Official Payments Corp., a private credit card payment services provider. A conve- nience fee of 2.5% will be charged to your credit card by the provider. The State receives no part of this fee. After you complete your transaction, you will be given a confirmation number.

LINE 21: OVERPAYMENT. If your total allowable credits and payments (line

19)is larger than your total tax (line 7), enter the difference as the overpayment due you.

LINE 22: AMOUNT TO BE CREDITED TO NEXT YEAR'S ESTIMATED TAX.

YOU MAY USE THIS OPTION ONLY IF YOU HAVE NOT PREVIOUSLY FILED A RETURN FOR THE TAX YEAR TO RECEIVE THE CREDIT. Enter the portion of your overpayment you wish to have credited to next year's estimated tax liability.

LINE 23: REFUND. Subtract line 22 from line 21 and enter the result on line

23as the amount of refund you are due. A refund of $2 or less will only be sent if you attach a written request to this return.

PART III. NONRESIDENT & PART-YEAR RESIDENT TAX CALCULATION

Nonresidents and part-year residents must use Part III on the back of Form IT-140X to calculate their West Virginia tax liability.

LINE 1: TENTATIVE TAX. Compute the tax shown on the income on line 6 of Form IT-140X. If you were subject to the Federal Alternative Minimum Tax,

use Schedule T; otherwise, apply the appropriate rate schedule to your taxable income and enter the result on line 1 as your tentative tax.

LINE 2: WEST VIRGINIA INCOME. A part-year resident is subject to West

Virginia tax on the following: taxable income received from ALL sources while a West Virginia resident; West Virginia source income earned during the period of nonresidence; and applicable special accruals. A nonresident is subject to West Virginia tax on any West Virginia source income earned during the year.

West Virginia source income of a nonresident includes any gain, loss, or deduction from: real or tangible personal property located in West Virginia; employee services performed in West Virginia; a business, trade, professsion, or occupation carried on in West Virginia; a corporation in which you are a shareholder which elects under federal law to be taxed as an S-corporation; West Virginia partnership, estate, or trust income.

LINE 3: FEDERAL ADJUSTED GROSS INCOME. Enter the amount shown on line 1, column C of Form IT-140X.

LINE 4: TAX. Divide line 2 by line 3, and round the result to a 4-digit decimal. Multiply the 4-digit decimal by line 1 to get your West Virginia tax. Enter the result on line 4 of this worksheet, and on line 7, Column C of Form IT-140X. Be sure to check the PART III box on line 7 to show that you used the nonresident/part-year resident worksheet to calculate your tax.

PART IV. NONRESIDENT & PART-YEAR RESIDENT TAX CALCULATION FOR NET OPERATING LOSS CARRYBACK

Nonresidents and part-year residents filing to carry back a federal net operating loss must use Parts III & IV on the back of Form IT- 140X to calculate their West Virginia tax liability.

Please note: Your West Virginia source income does not change due to a net operating loss carry back. A net operating loss carry back is a federal allowance and applies to the Federal Adjusted Gross Income, line 1 of the IT-140X only. Amend your West Virginia Income Tax Return and apply your net operating loss to the same tax year that you applied the loss to your federal return.

Line 5: OTHER INCOME. Subtract line 2 Part III from your original Federal

Adjusted Gross Income (line 1, column A). Note: If you previously amended to correct your original return, use the corrected FAGI.

Line 6: INCOME PERCENTAGE. Divide line 5 by line 3 Part III and round the

result to 4 decimal places. Note: decimal cannot exceed 1.0000.

Line 7: WEST VIRGINIA TAX RATE APPLIED TO OTHER INCOME. Multiply line 1 Part III by the line 6 decimal.

Line 8: TAX CALCULATION. Subtract line 7 from the line 1 Part III.

Line 9: WEST VIRGINIA TAX. Enter the smaller of line 4 Part III or line 8 here and on page 1, line 7, column C and check the box for Part IV.

ATTACH A COPY OF YOUR FEDERAL RETURN INCLUDING

YOUR SCHEDULE B-NOL.

WHEN YOUR RETURN IS COMPLETE

SIGNATURE: SIGN YOUR RETURN! A joint return must be signed by both husband and wife even though only one had income. If you (and your spouse, if a joint return) do NOT sign your return it WILL NOT be processed. If the return is prepared by an authorized agent of the taxpayer, the agent must also sign on the line provided and enter his/her address and phone number below the signature.

Waiver of Confidentiality: If your return was prepared by someone other than yourself, initialing the box(es) will allow the department to contact the preparer regarding any questions that may arise.

Be sure to include any schedules and statements required to be submitted with the return. Mail the completed return to: West Virginia State Tax

Department Revenue Division, P.O. Box 1071, Charleston, West Virginia 25324-1071

Download West Virginia It 140X PDF

Fact	Detail
Form Designation	West Virginia Amended Income Tax Return - IT-140X
Applicable Years	Only for taxable years 2003 through 2006
Primary Purpose	Used to correct a previously filed West Virginia income tax return
Governing Law	Must notify the West Virginia State Tax Department of changes to Federal income tax returns within 90 days by law.

Filling out the West Virginia IT-140X form is a necessary step for taxpayers who need to amend a previously filed state income tax return. Whether it's to correct errors or claim missed deductions and credits, it's important to approach this process with careful attention to detail. To ensure that the amended return is completed accurately, follow these step-by-step instructions.

In Section A, type or print your full name(s), current home address, city or town, county, state, and zip code. Also, include the year of birth for yourself and your spouse, if applicable, as well as both of your Social Security numbers and a daytime phone number.
In Section B, indicate your residency status by checking the appropriate box to reflect whether you were a resident, nonresident, or part-year resident during the tax year.
In Section C, select your filing status by checking the corresponding box. If you are amending to change your filing status, make sure to comply with federal regulations regarding such changes.
Section D deals with exemptions:
- (Block 1) Enter the total number of exemptions claimed on your federal return.
- (Block 2) If applicable, indicate if you are claiming an additional exemption for a surviving spouse by entering the year your spouse died.
- (Block 3) Sum up the total exemptions, including any surviving spouse exemption.
Fill in lines 1 through 23 on the IT-140X form, providing detailed information and calculations as follows:
- Enter your Federal Adjusted Gross Income, modifications, and the corrected amounts, calculating the net change for each item you're amending.
- Determine your West Virginia Adjusted Gross Income, applying any eligible credits, withholdings, and payments.
- Include any specific schedules or supporting documentation for adjustments made to income, exemptions, or credits.
Part III and Part IV are specifically for nonresidents or part-year residents. Complete these sections if they apply to your residency status, calculating your tax liability based on West Virginia source income.
Ensure that all changes and corrections are clearly explained in Part II on the back of the form. Attach any necessary schedules, forms, or documentation to support your amendments.
Review the completed form for accuracy. Then, sign and date the form. If you're filing a joint return, make sure both spouses sign.
Mail the completed form and any required attachments to the West Virginia State Tax Department, Revenue Division, P.O. Box 1071, Charleston, WV 25324-1071.

By following these detailed steps, you can confidently amend your West Virginia state income tax return. Remember, taking the time to correctly amend your return can help ensure that your state tax obligations are accurately met and can potentially result in a more favorable tax outcome.

What is the West Virginia IT-140X form used for?

The West Virginia IT-140X form is meant to amend previously filed West Virginia personal income tax returns. This includes corrections to the IT-140 form for residents or the IT-140NR/PY form for non-residents or part-year residents. Taxpayers need to use this form if they have to update their income, deductions, credits, or any other information that would alter their tax liability for the years 2003 through 2006.

Who needs to file the IT-140X form?

Anyone who has filed a West Virginia personal income tax return for the years 2003 through 2006 and needs to make changes to that return should file the IT-140X form. This includes updating personal information, changing income or deductions, amending filing status, or correcting any other error on the original return.

When should the IT-140X form be filed?

The IT-140X form must be filed within ninety (90) days after the final determination of any change to your federal income tax return by the IRS or within ninety (90) days after you file an amended federal income tax return. It's important to comply with this timeline to ensure that your state tax record accurately reflects any corrections made to your federal return.

What information do I need to complete the IT-140X form?

To correctly fill out the IT-140X form, you will need your original West Virginia income tax return and any documentation related to changes in your federal adjusted gross income, such as a copy of your amended federal tax return (Form 1040X). Additionally, you must explain each change, attach any required schedules, and ensure all personal information, including your name, address, Social Security number, and residency status, is accurate and up to date.

How do I report changes in income or deductions on the IT-140X form?

Changes in income or deductions must be detailed in the respective sections of the IT-140X form. For income modifications, report the net increase or decrease in Column B and provide the corrected amount in Column C. Explain these adjustments in Part II on the back of the return. If modifications affect your deductions or credits, such as business investments or employment credits, attach the relevant corrected schedules.

What should I do if I'm amending my filing status?

If you're changing your filing status – for example, from “married filing jointly” to “married filing separately” – ensure that you comply with federal regulations. Indicate the change directly on the IT-140X form. If filing separately after initially filing a joint return, both you and your spouse must file separate IT-140X forms. Remember to update Column A to reflect only the information of the primary taxpayer if amending to file jointly.

Filling out the West Virginia IT-140X form can sometimes be tricky, and it's easy to make mistakes. Here are ten common errors to watch out for:

Forgetting to sign the form. This form requires your signature to be processed. Both you and your spouse must sign if filing jointly.
Misreporting the Federal Adjusted Gross Income. It's crucial to enter the correct amount from your federal return.
Incorrectly calculating the modifications to income. Ensure you add or subtract the correct amounts according to instructions.
Failing to claim the correct exemptions. Double-check the number of exemptions you're entitled to claim.
Omitting West Virginia tax withheld. It’s easy to forget to include the state tax already withheld from your wages.
Incorrect filing status. Whether you’re filing jointly or separately, ensure you check the correct box.
Not attaching the required schedules. If you make changes that require additional schedules, forgetting these can lead to processing delays.
Miscalculating the Low-Income Earned Income Exclusion. If eligible, make sure to compute this accurately.
Forgetting to report adjustments from a federal amendment. If you amend your federal return, those changes must be reflected here.
Incorrectly applying credits from payments, like estimated tax payments or the Senior Citizens Tax Credit. It’s important to accurately report these amounts.

Before submitting the West Virginia IT-140X form, take a moment to review these areas carefully. Mistakes can delay processing and potentially affect your refund or tax owed. If you’re unsure about any part of the form, consider consulting the instructions provided by the West Virginia State Tax Department or a tax professional. Remember, accuracy on your tax return saves time and prevents issues down the line.

To avoid common pitfalls, keep these points in mind:

Check your math: Simple arithmetic errors can throw off your entire return.
Review federal adjustments carefully: Any changes to your federal income should reflect accurately in your state amendment.
Don’t leave blanks: Ensure every relevant line is filled out to avoid processing delays.

Correcting mistakes early can help ensure your tax return is processed smoothly and you receive any refund due without unnecessary delays.

When handling the West Virginia IT-140X form, namely the amended income tax return, individuals often need to accompany their submission with additional forms or documents. These documents ensure the accuracy and completeness of the amended return, addressing any changes in income, tax deductions, or personal information. Here’s a brief look into some of these essential forms and documents:

Federal Form 1040X: This is the Amended U.S. Individual Income Tax Return. It's necessary if you made changes to your federal tax return or if your federal tax liability has been adjusted, potentially affecting your state tax liability.
W-2 Forms and/or 1099 Forms: These forms report your annual wages and the amount of taxes withheld from your paycheck. They are essential if your income has been adjusted or corrected after your original filing.
Schedule L: If you made payments with your original tax return or obtained an extension to file, the Schedule L form would show these payments, necessary to calculate the correct tax or refund amount on the amended return.
Form WV/SCTC-1: This form is for claiming the Senior Citizen Tax Credit for Property Tax Paid. If you are eligible for this credit and it was not claimed or calculated incorrectly on your original return, including this form with your IT-140X can correct that oversight.

When preparing to amend a tax return, having the relevant documents and forms at hand streamlines the process and ensures that the adjustments made are accurately reflected. This not only helps in maintaining compliance with tax laws but also in maximizing potential refunds or minimizing liabilities.

The West Virginia IT-140X form, used for amending a previously filed state income tax return, shares similarities with various other state and federal tax amendment documents. One such document is the IRS Form 1040-X, used for amending U.S. federal income tax returns. Both forms require the taxpayer to provide their original figures and to detail the adjustments leading to the amended figures, ensuring that tax authorities are informed of the reasons behind the amendment.

Another related document is the California Form 540X, which serves the same role for residents of California who need to amend their state income tax return. Like the West Virginia IT-140X, it requires detailed explanations of the adjustments made and direct comparison to original figures. This process helps both the taxpayer and the tax authorities to clearly see the reasons for changes in tax liabilities or refunds due.

Similarly, the New York Form IT-201-X is designed to amend a previously filed state income tax return for New York residents. It shares the feature of allowing taxpayers to correct income, deductions, and credits, closely paralleling the functionality of West Virginia's IT-140X in providing a structured way for taxpayers to report adjustments that affect their tax responsibilities.

The IRS Form 1120X, though aimed at corporations, offers another parallel by allowing businesses to amend previously filed corporate income tax returns. This document, like the IT-140X, underscores the importance of accuracy and completeness in tax reporting, as well as the possibility of correcting mistakes post-submission, ensuring fair tax practices.

For nonresident or part-year resident individuals, the Form IT-140NR/PY functions similarly to a segment of the IT-140X which provides nonresidents and part-year residents with a tool to accurately report their state income tax obligations to West Virginia. Both forms emphasize the need to report income sourced within the state accurately, though one is specifically for initial filings and the other for amendments.

In Illinois, the Form IL-1040-X plays a similar role for residents needing to amend their state income tax returns. It requires a detailed breakdown of the original reported figures versus the amended figures, along with explanations for the adjustments, highlighting the universal need for transparent communication with tax authorities during the amendment process.

On the federal level for small businesses and the self-employed, the IRS Schedule C (Form 1040) can be indirectly related to the process of amending an income tax return using the IT-120X, as adjustments in business income or expenses may necessitate amendments to previously filed personal income tax returns.

For taxpayers who discover they need to claim additional credits or correct previously claimed credits, the federal form 1040 Schedule 3 is notable. While it is not an amendment form itself, adjustments made to credits could lead to the necessity of filing an amendment through forms like the IT-140X, highlighting interconnectedness amongst various tax reporting documents.

Florida's lack of a state income tax eliminates the need for an amendment form similar to the IT-140X, offering an interesting contrast to states like West Virginia. This difference emphasizes the diverse tax landscapes across the United States and the specific requirements states impose on taxpayers, including the procedure for amending returns where applicable.

Lastly, Pennsylvania’s PA-40X form serves a purpose similar to West Virginia’s IT-140X, allowing residents to amend their state tax returns. Both forms ensure taxpayers can correct errors or update information post-submission, reinforcing the principle of fairness and accuracy in tax reporting, regardless of the state.

When you're preparing to fill out the West Virginia IT-140X form, an amended income tax return, there's numerous points to remember. These points include actions one should take and mistakes one should avoid to ensure the process is smooth and the submitted information is accurate. Below, you'll find essential dos and don'ts that can act as a guide.

Things You Should Do:

Review Your Original Return: Before starting the IT-140X, closely review the original tax return (Form IT-140 or IT-140NR/PY) for mistakes or changes in your federal income, as the amended return primarily corrects or updates your original submission.
Attach Relevant Documentation: If there are adjustments to your federal adjusted gross income or you're claiming additional credits not originally filed, ensure all necessary documents, such as a corrected W-2, 1099 forms, or a copy of your Federal Form 1040X, are attached.
Explain Adjustments Clearly: Use Part II on the back of the IT-140X to detail each change thoroughly. Include the line number from the front of the form that each adjustment corresponds to, and attach any forms or schedules that support these adjustments.
Check Your Math: Accuracy is key in avoiding further amendments or delays. Double-check your calculations for your taxable income, tax amount, deductions, and credits to ensure everything adds up correctly.

Things You Shouldn't Do:

Skip Sections: Even if a section of the IT-140X seems irrelevant, review it carefully. Missing information may lead to processing delays or incorrect assessments of your tax obligations.
Estimate Amounts: Avoid guessing or rounding off figures. Use exact amounts from your financial documents. Estimates can lead to inaccuracies that may trigger audits or require further amendments.
Ignore Filing Deadlines: Submitting your IT-140X on time is crucial. Late filings might incur penalties or miss critical deadlines for claiming refunds or credits.
Forget to Sign and Date: An unsigned form is like an incomplete one; it won’t be processed until signed. Ensure both you and your spouse sign the form if filing jointly.

Understanding the West Virginia IT-140X form requires clarifying common misconceptions. This document serves as a means to amend previously filed West Virginia state income tax returns but is often misunderstood in various aspects.

Misconception 1: The IT-140X form can be used to amend returns for any tax year.
This is incorrect. The form is specifically designated for amending returns for the taxable years from 2003 through 2006. Amending returns for any year outside this range requires a different procedure or form.
Misconception 2: You can file the IT-140X form before filing your original return.
Actually, the IT-140X form should only be filed after the original return has been submitted. It is used to make corrections or adjustments to an already filed return.
Misconception 3: Filing an IT-140X form automatically triggers an audit.
Filing an amended return does not necessarily trigger an audit. Amendments are a normal part of tax filing whenever taxpayers need to correct or update their tax return information.
Misconception 4: The IT-140X form is only for correcting errors in tax calculations.
While correcting calculations is a common use, this form also allows taxpayers to report additional income, claim additional credits or deductions not previously claimed, or change their filing status, among other adjustments.
Misconception 5: If you file an IT-140X, you must amend your federal return too.
Filing an amended state return does not necessarily mean you must amend your federal return. The need to amend a federal return depends on whether the changes also affect your federal tax liabilities.
Misconception 6: The IT-140X form can be submitted electronically.
As of the last update to this document, West Virginia does not allow the IT-140X form to be filed online. All amended returns must be mailed to the West Virginia State Tax Department.

Amending a tax return can be a vital step in ensuring that your tax information is accurate and up-to-date. Understanding these key points about the IT-140X form helps taxpayers navigate the amendment process with greater confidence and efficiency.

Filing an amended income tax return can be necessary for various reasons, such as correcting income, deductions, or credits on your original tax return. If you find yourself needing to file an amended return in West Virginia for the tax years 2003 through 2006, using the IT-140X form is the appropriate course of action. Here are seven key takeaways to guide you through the process:

Eligibility and Usage: The IT-140X form is specifically designed for taxpayers who need to amend their West Virginia personal income tax returns for the years 2003 to 2006. If you made an error on your original return or if your federal return has been amended or changed, filing this form is necessary.
Timing is Critical: Following any final adjustments made to your federal income tax return, you must file your IT-140X within ninety days. This requirement ensures that your state tax records accurately reflect any changes or corrections made at the federal level.
Document Submission: When amending your return, you must attach a copy of your federal amendment, Form 1040X, along with any other documents that support your changes. This documentation is crucial for validating the adjustments you're reporting to the state.
Addressing Changes: If you're revising income, deductions, or credits, it's essential to fully explain these changes in Part II on the back of the IT-140X form. Include clear explanations and computations for each modification, ensuring the state tax department understands the rationale behind your amendments.
Adjusting Payments and Refunds: It's possible that amendments made to your return could affect the overall balance of taxes owed or result in an additional refund. Carefully calculate the impact of your changes to determine if you owe more taxes or are due a refund from the state.
Properly complete and sign your IT-140X form. If you're filing jointly with a spouse, both parties must sign. In cases where a tax preparer completes your form, the preparer must also sign and provide their contact information.
Mailing Instructions: Upon completing your amended return and gathering the necessary documentation, mail everything to the West Virginia State Tax Department at the address provided on the form. Ensuring your paperwork is accurate and complete can help avoid processing delays or inquiries from the tax department.

Amending your state tax return is an important step in ensuring your tax obligations are met accurately. Whether the need to amend arises from a simple mistake or changes in your federal return, adhering to these key points can simplify the process and help you comply with West Virginia tax laws.

Please rate Free West Virginia It 140X Form Form

4.74

Stellar

223 Votes

EXEMPTIONS:

1. ExemptionsclaimedonFederalreturn

Wv It 104 - Helps nonresident sellers understand their tax obligations and facilitates compliance with West Virginia tax laws.

West Virginia Residency Requirements - Part I of the form focuses on summarizing the taxpayer's income tax return information in whole dollars.

How to File Wv State Taxes for Free - The form requires the tax preparer to acknowledge that the decision to opt out was made by the taxpayer without the preparer's influence.