West Virginia Adjustments to Income from a Schedule K-1

If you're a member or shareholder of a pass-through entity like a partnership or S corporation, you should receive a schedule K-1 reporting your share of income. An additional K-1 specific to the state should report differences in federal and state income for West Virginia income. Enter additions related to interest reported on the K-1 (lines 2, 3, and 4) as one of the following when asked about West Virgina additions to income:

1. Federally Exempt Interest/Dividend Income
2. Non-West Viginia Tax-Exempt Interest Income
3. Interest on Money Borrowed to Buy Tax-Exempt Bonds or Securities

Any other income additions to income from line 5 or 6 of the K-1 be entered as K-1 Adjustments Excluded from Federal Income.