What is the WV FRM 01 form used for?
The WV FRM 01 form is a production report specifically designed for licensed farm wineries in West Virginia. It is used to report the total gallonage of wine produced or blended by the winery during a specified twelve-month period ending June 30 of each year or for a partial year. This detailed reporting is mandated under the West Virginia Legislative Regulations, Title 175, Series 3-4.11, and is crucial for compliance with state requirements.
Has the WV FRM 01 form been updated recently?
Yes, the WV FRM 01 form has been redesigned. Wineries are advised not to use any older versions they might have to avoid processing delays. The updated form is part of the State Tax Department’s efforts to streamline processes with their new computer system. For the latest version, wineries should visit the West Virginia State Tax Department’s website.
Is it mandatory to file this report even if there was no production?
Yes, every licensed farm winery is required to submit this report even if no wine was produced or blended during the reporting period. Filing the report with zero production is necessary to remain in compliance with the state’s legal requirements.
Can the information on the WV FRM 01 form be reported monthly?
While the official reporting period is annually, wineries have the option to submit their production information monthly for convenience. This can help in maintaining accurate and up-to-date records throughout the year and potentially ease the annual reporting process.
What information from the ATF Form 702, Part 1, Line 2, needs to be included in the WV FRM 01 form?
The WV FRM 01 form should show the same quantities as reported in ATF Form 702, Part 1, Line 2. This is to ensure consistency in reporting the total production gallons of wine produced by fermentation to the State Tax Department and the Alcohol and Tobacco Tax and Trade Bureau (TTB).
What are the consequences of signing the WV FRM 01 form?
By signing the WV FRM 01 form, the taxpayer declares under penalties of perjury that they have examined the return, including all accompanying schedules and statements, and to the best of their knowledge and belief, it is true and complete. This is a legal attestation regarding the accuracy of the information provided.
Who should be contacted if there are questions concerning the WV FRM 01 form?
If you have any questions regarding filling out or submitting the WV FRM 01 form, you should contact the person listed on the form under "Person to Contact Concerning this Return." This contact information includes their telephone number and email address. Additionally, for general assistance, you can call the West Virginia State Tax Department directly.
Where should the completed WV FRM 01 form be mailed?
The completed WV FRM 01 form should be mailed to the West Virginia State Tax Department at the Tax Account Administration Division, P.O. Box 2991, Charleston, WV 25330-2991. This ensures that your production report is processed by the correct department.
Is it possible to file the WV FRM 01 form online?
Yes, the WV FRM 01 form can be filed online for added convenience. To file electronically, visit https://mytaxes.wvtax.gov. Online filing can make the submission process easier and may speed up the handling of your report.