×
tax forms found in
Tax Form Code
Tax Form Name

West Virginia Free Printable  for 2024 West Virginia Electric and Gas Utilities Rate Reduction Credit

There are only 28 days left until tax day on April 16th! eFile your return online here , or request a six-month extension here .

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2023-west-virginia-schedule-l.pdf, and you can print it directly from your computer.

Electric and Gas Utilities Rate Reduction Credit
Schedule L

Schedule L - Electric, Natural Gas, Sewer, and Water Utilities Rate Reduction Credit Rev. March 2019 Electric, Natural Gas, Sewer, and Water Utilities Rate Reduction Credit Public utilities who provide electric and gas utility service at special reduced rates to low income residential customers for the billing months of December through April, or who provide water and/or sewer utility service at approved special reduced rates to certain lowincome residential customers in any month, are eligible to claim the credit. The West Virginia Public Service Commission will determine the revenue deficiency resulting from the reduced rates and certify the amount of allowable credit. A copy of the certification order must be attached to the return on which the credit is claimed. An eligible taxpayer may claim the credit on the annual return for the taxable year in which it receives certification. However, the credit is first claimed against the West Virginia Business and Occupation Tax liability, then against West Virginia Corporation Net Income Tax liability. Any portion of the credit then remaining may be carried over to the next year's Business and Occupation Tax liability and is applied before any other credits for that year. There is no provision for carryover to the Corporation Net Income Tax. Instructions Column 1 Enter the total amount of the revenue deficiency as certified by the Public Service Commission. Column 2 Enter the amount claimed as a credit against your Business and Occupation Tax liability. Column 3 Subtract the amount in Column 2 from the amount in Column 1 and enter the difference. Column 4 Enter the amount being claimed as a credit against your Corporation net Income Tax. Column 1, minus Columns 2 and 4, is the amount available to be carried over as a credit against Business and Occupation Tax liability in the subsequent year. Please note that the total amount of all reduce any tax liability below zero. credits claimed may not exceed the amount of the certified revenue deficiency and may not Business Name Column 1 Amount certified as revenue deficiency by Public Service Commission Account Identification Number Column 2 Amount of deficiency claimed as Business and Occupation Tax Credit Column 3 Amount available for Corporation Net Income Tax Credit Column 4 Amount claimed as Corporation Net Income Tax Credit Include the amount in Column 2 or Column 4 on the appropriate line of the tax form being filed. This schedule must be attached to your return.
Extracted from PDF file 2023-west-virginia-schedule-l.pdf, last modified December 1969

More about the West Virginia Schedule L Corporate Income Tax Tax Credit TY 2023

The form is for companies that offer a reduced rate to low-income families.

We last updated the Electric and Gas Utilities Rate Reduction Credit in February 2024, so this is the latest version of Schedule L, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule L directly from TaxFormFinder. You can print other West Virginia tax forms here.


eFile your West Virginia tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your West Virginia and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

Other West Virginia Corporate Income Tax Forms:

TaxFormFinder has an additional 75 West Virginia income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form PTE100 Income Tax Return S Corporation & Partnership (Pass-Through Entity) Formerly SPF 100
SPF100 Schedule SP Shareholder / Partner Information and Non-resident Withholding
Form CIT 120 Corporate Net Income (formerly CNF 120)
Form IT-141ES Fiduciary Estimated Tax Payment Voucher
Form PTE-100 Schedule A Income/Loss Modifications to Federal Pass-Through Income

Download all WV tax forms View all 76 West Virginia Income Tax Forms


Form Sources:

West Virginia usually releases forms for the current tax year between January and April. We last updated West Virginia Schedule L from the Department of Revenue in February 2024.

Show Sources >

Schedule L is a West Virginia Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of West Virginia Schedule L

We have a total of eleven past-year versions of Schedule L in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2018 Schedule L

Sch L_Electric, Natural Gas, And Water Utilities.pmd

2016 Schedule L

Sch L_Electric, Natural Gas, And Water Utilities.pmd

2015 Schedule L

Sch L_Electric, Natural Gas, And Water Utilities.pmd

Electric and Gas Utilities Rate Reduction Credit 2013 Schedule L

Sch L_Electric, Natural Gas, And Water Utilities.pmd

2012 Schedule L

Sch L_Electric, Natural Gas, And Water Utilities.pmd


TaxFormFinder Disclaimer:

While we do our best to keep our list of West Virginia Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/westvirginia/schedule-l