W. Va. Code R. § 145-7-12

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 145-7-12 - Adjustment of West Virginia Taxable Income

12.1. Any deduction, decreasing adjustment or decreasing modification taken by a taxpayer in determining federal taxable income which affects the determination of West Virginia taxable income under the personal or corporation net income tax laws of West Virginia for a charitable contribution in the taxable year, or payment or portion thereof, which qualified as an eligible contribution under these rules and for which credit is claimed, must be added to West Virginia taxable income when determining West Virginia personal or corporation net income tax liability, as appropriate for the taxable year.