West Virginia – Amended Electronic Filing Regulations

SALT Report 1264 – The West Virginia State Department of Taxation has amended their regulations regarding mandatory electronic filing of state taxes. In several instances the Department has lowered the threshold amount that mandates electronic filing. Currently, taxpayers that had annual remittance of any single tax equal to or greater than $100,000 during the preceding tax year are required to file electronically.
However, the amended regulations provide that for tax years beginning on or after January 1, 2013, electronic filing is mandated for any taxpayer that has an annual remittance for any single tax type equal to or greater than $50,000 during the preceding tax year. The threshold amount is further reduced to $25,000 for tax years beginning on or after January 1, 2014, and then to $10,000 for tax years beginning on or after January 1, 2015.
Implementation of the electronic filing provisions will be phased in over a period of time based on the ability of the Tax Department to accept electronic filings. And, unless otherwise stated, taxpayers that are required to file a return with attached schedules, must provide the information in the return electronically, and should retain the schedules for their records for a period of no less than three years.
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