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West Virginia Underpayment of Estimated Business Franchise Tax
Form SPF100U is obsolete, and is no longer supported by the West Virginia Department of Revenue.
Extracted from PDF file 2016-west-virginia-form-spf100u.pdf, last modified April 2013Underpayment of Estimated Business Franchise Tax
SPF-100U REV 2-13 Underpayment of Estimated Business Franchise Tax WV Code §11-10-18a W NAME 2013 FEIN PART I: All filers must complete this part 1. Tax after credits................................................................................................................................................. 1 .00 IF LINE 1 IS LESS THAN $12,000, DO NOT COMPLETE THIS FORM! YOU ARE NOT SUBJECT TO THE PENALTY 2. Multiply line 1 by ninety percent (.90)...................................................... 2 .00 3. Enter the franchise tax after credits from your 2012 return (see instructions) 3 .00 4. Enter the smaller of line 2 or line 3................................................................................................................... 4 .00 IF LINE 4 IS ZERO, DO NOT COMPLETE THIS FORM! YOU ARE NOT SUBJECT TO THE PENALTY REFER TO THE INSTRUCTIONS TO DETERMINE YOUR OPTIONS FOR CALCULATING THE UNDERPAYMENT PENALTY 5. Determine your penalty by completing Part II, Part III, and Part IV below then enter your penalty here and on line 20 of Form SPF-100............................................................................................................................... 5 .00 6. If you are requesting a waiver of the penalty calculated, check here................................. PART II: If you are using the ANNUALIZED INCOME WORKSHEET to compute your underpayment penalty, complete Part II Section 1. ANNUALIZED INCOME INSTALLMENT (Multistate taxpayers use apportioned figures for lines 1 and 4) Column B: 3 months 1. Enter WV taxable capital for each period .00 2. Annualization amounts............................. 4. Enter the WV taxable capital for each period............................... 1.3333 .00 Column B: 5 months .00 4 6. Multiply line 4 by line 5.............. .00 2 .00 Column A: 3 months Column D: 9 months .00 4 3. Multiply line 1 by line 2............................. 5. Annualization amounts.............. Column C: 6 months .00 Column C: 8 months .00 Column D: 11 months .00 2.4 .00 1.5 .00 .00 1.09091 .00 .00 For line 7 of column A, enter the amount from line 6 of column A. In columns B, C, & D, enter the smaller of the amounts in each column from line 3 or line 6. 7. Annualized taxable capital......... 8. Tax rate...................................... .00 .0020 .00 .00 .0020 .00 .0020 .0020 9. Annualized tax (multiply line 7 by line 8)................................... .00 .00 .00 .00 10. Tax credits. Enter credits from line 7 of form SPF-100 in each column........................... .00 .00 .00 .00 11. Subtract line 10 from line 9. If zero or less, enter 0............... 12. Applicable percentage............. 13. Multiply line 11 by line 12........ .00 0.225 .00 .00 0.45 .00 0.675 .00 .00 0.9 .00 .00 COMPLETE LINES 14 THROUGH 20 FOR ONE COLUMN BEFORE GOING TO THE NEXT COLUMN Column A Column B 14. Add the amounts in all previous columns of line 20................................ Column C Column D .00 .00 .00 15. Subtract line 14 from line 13. If zero or less, enter 0............................... .00 .00 .00 .00 16. Enter 1/4 of line 4 of Part I in each column.............................................. .00 .00 .00 .00 .00 .00 .00 .00 17. Enter the amount from line 19 of the previous column of this worksheet 18. Add lines 16 and 17................................................................................. .00 .00 .00 19. Subtract line 15 from line 18. If zero or less, enter 0............................... .00 .00 .00 20. Required Installment. Enter the smaller of line 15 or line 18................... .00 .00 .00 .00 *b54201311W* NAME FEIN PART III: Compute your underpayment Column A Column B Column C Column D 1. Installment due dates. Enter in columns A through D the 15th day of the 4th, 6th, 9th and 12th months of your tax year......... 2. If you are using the annualized method, enter the amounts from Part II, Line 20; otherwise enter 1/4 of line 4 of Part I in each column............................................................................ .00 .00 .00 .00 3. Estimated payments (see instructions). If line 3 is greater than or equal to line 2 for all columns, stop here. You are not subject to the penalty.............................................................. .00 .00 .00 .00 COMPLETE LINES 4 THROUGH 10 FOR ONE COLUMN BEFORE GOING TO THE NEXT COLUMN 4. Enter the amount, if any, from line 10 of the previous column .00 .00 .00 5. Add lines 3 and 4..................................................................... .00 .00 .00 6. Add lines 8 and 9 of the previous column................................ .00 .00 .00 .00 .00 .00 .00 .00 7. In column A, enter the value from line 3. In columns B through D, subtract line 6 from line 5. If zero or less, enter 0 .00 8. If line 7 is zero, subtract line 5 from line 6, otherwise enter 0 9. UNDERPAYMENT: If line 2 is equal to or more than line 7, subtract line 7 from line 2. Enter the result here and go to line 4 of the next column. Otherwise, go to line 10................. .00 .00 .00 .00 10. OVERPAYMENT: If line 7 is more than line 2, subtract line 2 from line 7. Enter the result here and go to line 4 of the next column..................................................................................... .00 .00 .00 .00 PART IV: Figure the penalty 11. Enter the date of the installment payment or the unextended due date of your annual return, whichever is earlier................ 12. Enter the number of days from the due date of the installment on Part III, line 1 to the date shown on Part IV, line 11........... 13. Enter the number of days on line 12 before 7/1/2013........... 14. Enter the number of days on line 12 after 6/30/2013 and before 1/1/2014.................................................................... 15. Enter the number of days on line 12 after 12/31/2013 and before 7/1/2014.................................................................... 16. Enter the number of days on line 12 after 6/30/2014 and before 1/1/2015.................................................................... 17. Underpayment on Part III, Line 9 x (number of days on line 13/365) x 9.5%........................................................... .00 .00 .00 .00 18. Underpayment on Part III, Line 9 x (number of days on line 14/365) x 9.5%........................................................... .00 .00 .00 .00 19. Underpayment on Part III, Line 9 x (number of days on line 15/365) x *%................................................................. .00 .00 .00 .00 20. Underpayment on Part III, Line 9 x (number of days on line 16/365) x *%............................................................... .00 .00 .00 .00 21. TOTAL: Add lines 17 through 20............................................ .00 .00 .00 .00 22. PENALTY DUE (add Columns A – D of line 21. Enter here and on line 5 of Part I and on line 20 of Form SPF-100..... .00 *See instructions to determine rates in effect for these periods
SPF100U
More about the West Virginia Form SPF100U Corporate Income Tax Estimated
Obsolete
We last updated the Underpayment of Estimated Business Franchise Tax in April 2021, and the latest form we have available is for tax year 2016. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the West Virginia Department of Revenue. You can print other West Virginia tax forms here.
Other West Virginia Corporate Income Tax Forms:
TaxFormFinder has an additional 75 West Virginia income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form PTE100 | Income Tax Return S Corporation & Partnership (Pass-Through Entity) Formerly SPF 100 |
| SPF100 Schedule SP | Shareholder / Partner Information and Non-resident Withholding |
| Form CIT 120 | Corporate Net Income (formerly CNF 120) |
| Form IT-141ES | Fiduciary Estimated Tax Payment Voucher |
| Form NRW4 | Non-resident Income Tax Agreement |
View all 76 West Virginia Income Tax Forms
Form Sources:
West Virginia usually releases forms for the current tax year between January and April. We last updated West Virginia Form SPF100U from the Department of Revenue in April 2021.
Form SPF100U is a West Virginia Corporate Income Tax form. While most taxpayers have income taxes automatically withheld every pay period by their employer, taxpayers who earn money that is not subject to withholding (such as self employed income, investment returns, etc) are often required to make estimated tax payments on a quarterly basis. Failure to make correct estimated payments can result in interest or penalties.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of West Virginia Form SPF100U
We have a total of four past-year versions of Form SPF100U in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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