Get Wv/nrae Rev - State Wv

The WV/NRAE Rev form is essential for nonresident individuals and entities seeking a Certificate of Full or Partial Exemption from withholding on the sale of real property in West Virginia. This guide provides clear, step-by-step instructions to assist users in navigating the online filing process effectively.

Follow the steps to accurately complete the WV/NRAE Rev form online.

1. Press the ‘Get Form’ button to access the WV/NRAE Rev form and open it in the online editor.
2. Enter the tax year for both the beginning and ending dates in the specified format (MM/DD/YYYY).
3. Provide the transferor/seller's information, including names, social security numbers, address, and ownership percentage. If applicable, indicate the entity type.
4. Describe the property, including its address or property account ID number, date of closing, and contract sales price.
5. Calculate and enter the transferor/seller's adjusted basis by detailing the purchase price, capital improvements, and any applicable depreciation.
6. Input the transferee/buyer’s information, including names, addresses, and entity types.
7. Check the applicable boxes regarding the reason for seeking full or partial exemption and provide documentation or calculations as necessary.
8. Complete the calculation section by entering the amount subject to tax and the applicable tax rate. Calculate the total tax to be withheld.
9. Sign and date the form, ensuring both the transferor/seller and spouse (if applicable) provide their signatures.
10. Save your changes, and choose to download, print, or share the completed form as needed.

Complete your WV/NRAE Rev form online today to ensure timely processing of your exemption certificate.