Get Stc-12:32-c - Wv State Tax Department - State Of West Virginia

Filling out the STC-12:32-C form is essential for reporting commercial business property in West Virginia. This guide will provide you with a clear, step-by-step approach to successfully complete the form online.

Follow the steps to fill out the STC-12:32-C online.

1. Click ‘Get Form’ button to obtain the form and open it in a suitable editing format.
2. Begin by entering your account number at the top of the form. This unique identifier is crucial for processing your return accurately.
3. Complete the basic business information section with the business name, mailing address, and the agent or preparer’s information. Ensure all names and addresses are current and accurately reflect your business details.
4. Provide the Federal Employers Identification Number (FEIN) and Business Registration Account ID. These identifiers are necessary for tax purposes.
5. If the primary owner’s address differs from the mailing address, fill in their name and address in the corresponding section.
6. Report property you lease from others, including the owner's information, the type of property, gross annual rent, and estimated value. Make sure to include all relevant details and attach additional sheets if necessary.
7. List real estate owned in West Virginia, ensuring values are accurate as of July 1 of the reporting year. Specify whether the property is surface or mineral, and indicate owner's value.
8. Complete the machinery, equipment, furniture, and leasehold improvements section. Provide acquisition costs and estimates of the owner’s value for each item.
9. Fill out schedules B through H as applicable for inventory, vehicles, incomplete construction, salvage value machinery, and any pollution control facilities.
10. Finalize your form by affirming the accuracy of all information provided, adding your name, title, and the date, and making sure any required additional documents, such as depreciation schedules or balance sheets, are attached.
11. Save changes to your document. You can then download, print, or share the completed form as needed.

Begin the process of completing your STC-12:32-C form online today!