West Virginia State Income TaxesThe state of West Virginia collects income taxes on April 15th, much the way the IRS and 44 other states do.
This page:
• Lists basic West Virginia state tax information
• Links to the major West Virginia income tax forms
• Shows you how you can save time and money by e-filing
Prepare your West Virginia taxes online, for free: If you want to avoid costly mistakes, while at the same time taking advantage of all possible credits and deductions, you want to do your taxes online.
Turbo Tax for The Web allows you to work on your return for free, until you file. Work on your federal and West Virginia state taxes, and pay nothing until you are satisfied with your return. Start now.
West Virginia state taxes at a glance:Tax Rate Range: Low - 3.0%; High - 6.5% Income Brackets: Lowest - $10,000; Highest - $60,000 Number of Brackets: 5 Personal Exemptions: Single - $2,000; Married - $4,000; Dependents - $2,000 Standard Deduction: None Medical/Dental Deduction: None Federal Income Tax Deduction: None
*For joint returns, the taxes are twice the tax imposed on half the income. Filing your West Virginia state income tax returnWhen you begin you West Virginia state income tax return, you should file using the same filing status used on your federal income tax return. However, there are times when this is impossible. For instance if you and your spouse reside in different states you may be eligible to file a married filing jointly for your federal return but unable to on your state return.
Since West Virginia doesn't allow a standard deduction or itemized deduction, taxpayers do not have to be concerned with coinciding their state and federal returns in this area.
West Virginia also has very few tax credits, which makes your return easier, but allows you less tax relief.
For one, West Virginia allows you a tax credit for taxes paid to another state. This is the most common of the available tax credits. To claim this credit, file Schedule E. Others credits include:
• Historic Rehabilitated Buildings Credit • Capital Company Credit • Neighborhood Investment Credit • Environmental Agricultural Equipment Credit
As a nonresident of West Virginia with income from a West Virginia source, you are still required to file a West Virginia state income tax return. West Virginia, however, does have reciprocity agreements with bordering states.
This agreement allows residents of some neighboring states to not pay tax on wages earned in West Virginia. Of course, you have to declare your eligibility. Ask your place of employment for more details.
Sidebar You can work on your West Virginia tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).
Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.
West Virginia income tax formsThe main West Virginia tax forms are:
Form IT-140 | 2006 West Virginia Income Tax Return | Instructions
If you need West Virginia income tax forms that are not listed here, you can download them from the West Virginia tax forms site.
Or, just simply e-file!
Additional WV state taxes helpIf you need help with your federal tax return, start with our basic guide to tax filing.
For additional help with filing WV income tax returns, see the official site of the West Virginia State Tax Department.
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