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The instructions explain returned payment charges for rejected or insufficient-funds bank transactions, and list practical steps to reduce the chance of transaction rejection. 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Fiscal and 52/53-week returns will be due on the 15th day of the fourth month following the end of the period with an extension period of six months.  \nTAX RATES  \n● The Corporation Net Income Tax Rate is 6.5%(§11-24-4) .  \n● Failure to comply with the requirement to remit payments by EFT without first obtaining a waiver may result in a civil penalty of three (3) percent of each payment which was to be paid [by EFT. Visit our website www.tax.wv.gov](by EFT. Visit our website www.tax.wv.gov)[ ](by EFT. Visit our website www.tax.wv.gov)[for additional information.](for additional information.)  \nRETURNED PAYMENT CHARGE  \nThe Tax Division will recover a $15 .00 fee associated with any returned bank transactions. These bank transactions include but are not limited to the following:  \n● Direct Debit (payment) transactions returned for insufficient funds.  \n● Stopped payments.  \n● Bank refusal to authorize payment for any reason.  \n● Direct Deposit of refunds to closed accounts.  \n● Direct Deposit of refunds to accounts containing inaccurate or illegible account information.  \nChecks returned for insufficient funds will incur a $28.00 fee.  \nThe fee charged for returned or rejected payments will be to recover only the amount charged to the Tax Division by the financial institutions and can not be waived.  \nImportant: There are steps that can be taken to minimize the likelihood of a rejected financial transaction occurring:  \n● Be sure that you are using the most current bank routing and account information.  \n● If you have your tax return professionally prepared, the financial information used from a prior year return often pre-populates the current return as a step saver. It is important that you verify this information with your tax preparer by reviewing the bank routing and account information from a current check. This will ensure the information is accurate and current in the event that a bank account previously used was closed or changed either by you or the financial institution.  \n● If you prepare your tax return at home using tax preparation software, the financial information used from a prior year return often pre-populates the current return as a step saver. It is important that you verify this information by reviewing the bank routing and account information from a current check. This will ensure the information is accurate and current in the event that a bank account previously used was closed or changed either by you or the financial institution.  \n● If you prepare your tax return by hand using a paper return, be sure that all numbers requesting a direct deposit of refund entered are clear and legible.  \n● If making a payment using MyTaxes, be sure that the bank routing and account number being used is current.  \n● If scheduling a delayed debit paymen","cbCaibO4pzTWtBWB","https://ap.wps.com/l/cbCaibO4pzTWtBWB","pdf",1229834,24,"English","# IMPORTANT INFORMATION FOR 2025\n## TAXPAYER RESPONSIBILITIES\n### FILING YOUR CORPORATE RETURNS\n### PAYMENT OF THE TAX\n### REFUNDS\n### SELLING OR DISCONTINUING YOUR BUSINESS\n# RETURNED PAYMENT CHARGE\n# TAX RATES","[{\"question\":\"What are the due dates for West Virginia annual corporate returns in 2025?\",\"answer\":\"Annual returns are due April 15, with an extended due date of October 15. Fiscal and 52/53-week returns are due on the 15th day of the fourth month after the end of the period, with an extension period of six months.\"},{\"question\":\"What fees can apply if a bank transaction is returned or rejected?\",\"answer\":\"Returned bank transactions are subject to a $15.00 fee, while checks returned for insufficient funds incur a $28.00 fee. The fee charged is meant to recover the amount charged to the Tax Division by the financial institutions and cannot be waived.\"},{\"question\":\"How long do you have to file a claim for a refund?\",\"answer\":\"A refund claim must be filed within three years of the return’s due date or two years from the date the tax was paid, whichever expires later.\"}]","CIT-120 - West Virginia Corporate Net Income Tax Instructions - 2025 | PDF",1789808688,8]