Governor Jim Justice signed HB 2526 immediately reducing the income tax in tax year 2023 by an average of 21.25%.

If you make $70,000 a year living in West Virginia you will be taxed $10,955. Your average tax rate is 10.94% and your marginal tax rate is 22%.

1 июл. 2024 г. · State revenue collections exceeded estimates by $826.6 million for Fiscal Year 2024, enabling a 3% or 4% personal income tax cut.

26 июл. 2024 г. · 2025 West Virginia tax cuts will take effect, thanks to revenue triggers in a 2023 law. Learn more about West Virginia income tax cuts .

31 окт. 2024 г. · With days to go before the election, Gov. Jim Justice on Thursday celebrated signing a bill that cuts the state's income tax.

18 окт. 2024 г. · Discover the West Virginia income tax and its rates in 2024. Learn about tax planning strategies to reduce your West Virginia income taxes. What is the Income Tax? · Federal Ordinary Income Tax...

There are also jurisdictions that collect local income taxes. West Virginia has a 6.5 percent corporate income tax rate. West Virginia also has a 6.00 percent ...

7 окт. 2024 г. · In addition, to the automatic 4% triggered tax rate reduction, the provisions of this bill further reduce personal income tax rates by an ...

12 июл. 2024 г. · Justice said state Department of Revenue officials determined that a 4% cut in personal income tax rates will go into effect beginning January 2025.