AnnieR Posted February 27, 2011 Report Share Posted February 27, 2011 Client, resident of OH, owns property in WV, which he has leased for gas production (fracking). It is on a 1099 as rents. This is a one-time payment, yearly he will be getting payments as royalties. What forms do I use to report this in West Virginia? I found the NR form but it is for wages only. How do I go about this? TIA, AnnieR Quote Link to comment Share on other sites More sharing options...
Jim Oh Bkkr Posted February 28, 2011 Report Share Posted February 28, 2011 Annie in 2008 it was IT-140 plus Sch A. Sch A separated WV income. WV changed a few things last year so you might confirm these forms still hold true. Edit: It does! Jim Quote Link to comment Share on other sites More sharing options...
AnnieR Posted February 28, 2011 Author Report Share Posted February 28, 2011 Annie in 2008 it was IT-140 plus Sch A. Sch A separated WV income. WV changed a few things last year so you might confirm these forms still hold true. Edit: It does! Jim THANK YOU SO VERY MUCH. Annie (I know I'm going to be seeing a lot more of these in this area. The gas companies are going crazy around here, trying to get people to lease them their land because of the Marcellus Shale boom.) Quote Link to comment Share on other sites More sharing options...
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