If after application of the credit against tax under this article, any credit remains for the taxable year, the amount remaining and not used is forfeited. Unused credit may not be carried back to any prior taxable year and shall not carry forward to any subsequent taxable year.
Structure West Virginia Code
Article 13P. Tax Credit for Medical Liability Insurance Premiums
§11-13P-1. Legislative Finding and Purpose
§11-13P-3. Eligibility for Tax Credits; Creation of the Credit
§11-13P-4. Amount of Credit Allowed
§11-13P-5. Excess Credit Forfeited
§11-13P-6. Application of Credit; Schedules; Estimated Taxes
§11-13P-7. Computation and Application of Credit