Enlarge image
67891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071 727374757677787980
4 4
5 Schedule MODIFICATIONS TO FEDERAL S CORPORATION AND 5
B
6 6
Form PTE-100 W PARTNERSHIP INCOME 2023
7 Adjustments Increasing 7
8 8
1. Interest or dividend income on federal obligations which is exempt from federal tax but subject
9 to state tax...................................................................................................................................... 1 .00 9
10 10
11 2. Interest or dividend income on state and local bonds other than bonds from West Virginia sources 2 .00 11
12 12
13 3. Interest on money borrowed to purchase bonds earning income exempt from West Virginia tax 3 .00 13
14 14
4. Qualifying 402(e) lump-sum income NOT included in federal adjusted gross income but subject
15 to state tax...................................................................................................................................... 4 .00 15
16 16
5. Other increasing adjustments
17 Provide a brief description: 5 .00 17
18 18
TOTAL INCREASING ADJUSTMENTS
19 6. (Add lines 1 through 5; enter here and on Schedule A, line 5)....................................................... 6 .00 19
20 Adjustments Decreasing 20
21 21
7. Interest or dividends received on United States or West Virginia obligations included in federal
22 adjusted gross income but exempt from state tax.......................................................................... 7 .00 22
23 23
24 8. Refunds of state and local income taxes received and reported as income to the IRS................... 8 .00 24
25 25
26 9. Qualified Opportunity Zone business income (Include Copy of IRS form 8996) .............................. 9 .00 26
27 27
10. Other decreasing adjustments
28 Provide a brief description: 10 .00 28
29 11. Allowance for governmental obligations/obligations secured by residential property 29
30 (Complete Schedule B-1).............................................................................................................. 11 .00 30
31 12. TOTAL DECREASING ADJUSTMENTS 31
32 (Add lines 7 through 11; enter here and on Schedule A, line 6)......................................................... 12 .00 32
33 33
34 Schedule B-1 34
35 ALLOWANCE FOR GOVERNMENTAL OBLIGATIONS/OBLIGATIONS SECURED BY RESIDENTIAL PROPERTY (§11-24-6(f)) 35
36 36
37 1. Federal obligations and securities................................................................................................... 1 .00 37
38 38
39 2. Obligations of WV and political subdivisions of WV....................................................................... 2 .00 39
40 3. Investments or loans primarily secured by mortgages or deeds of trust on residential property 40
41 located in WV................................................................................................................................. 3 .00 41
42 4. Loans primarily secured by a lien or security agreement on a mobile home or double-wide 42
43 located in WV................................................................................................................................. 4 .00 43
44 44
45 5. TOTAL (add lines 1 through 4)....................................................................................................... 5 .00 45
46 46
47 6. Total assets as shown on Schedule L, Federal Form 1120S or Federal Form 1065...................... 6 .00 47
48 48
49 7. Line 5 divided by line 6 (round to 6 decimal places) .......... 7 • 49
50 50
51 8. ADJUSTED INCOME. 51
52 (Add Schedule A line 4 and Schedule B line 6. Subtract the sum of Schedule B lines 7 through 10 ) 8 .00 52
53 53
54 9. ALLOWANCE (line 7 x line 8, disregard sign) Enter here and on Schedule B line 11 ................... 9 .00 54
55 55
56 56
57 57
58 58
59 59
60 60
61 61
62 62
*B54202304W*
63 B54202304W 63
67891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071 727374757677787980