Get Srdtc-a Application For West Virginia Strategic Research And ...

Navigating the SRDTC-A Application for the West Virginia Strategic Research and Development Tax Credit can seem challenging. This guide provides step-by-step instructions to assist individuals and organizations in completing the form online with clarity and confidence.

Follow the steps to successfully complete your application online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in your name and identification number in the designated fields. Ensure that all provided information is accurate.
3. Enter the business name and the applicable tax year, denoting the start and end date as MM/DD/YYYY.
4. Input the street address, city, state, and zip code for your business.
5. Proceed to section 1 to report the base amount of research and development in West Virginia. Complete the expenditures for the preceding year, two years ago, and three years ago.
6. For section 2, provide your North American Industry Classification System (NAICS) code and a narrative description of your qualified research and development activities in West Virginia.
7. In section 3, fill out investment details including total investment amounts and the location(s) of investment in West Virginia.
8. Complete section 4 by providing details about new products, processes, and improvements that are intended to result from your research.
9. For section 5, list your qualified research and development expenditures, breaking them down into categories such as wages, supply expenditures, and contract research.
10. In section 6, provide information about your employment figures prior to and for the current tax year.
11. Complete section 7 by entering details about employee benefits and average costs.
12. Review all provided information for accuracy, then proceed to sign the application, ensuring it is signed by an authorized officer.
13. Save your changes, and once finalized, you can download, print, or share the completed application as needed.

Start completing your SRDTC-A Application online today and take advantage of the benefits available.