Tag Archives: West Virginia
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreEmployees in the state of West Virginia who live in another state get a special pass come tax time as long as they are covered by a special agreement between the states known as a reciprocal tax agreement. West Virginia holds reciprocal tax agreements with resident of Kentucky, Maryland, Ohio, Pennsylvania and Virginia. Residents of […]
— Read moreMany major cities, or even those close to the border of a neighboring state, have a significant portion of taxpayers who travel from another state to work there. For example, many New Jersey residents work in New York City, or Marylanders may drive to Virginia. It may not seem like a hassle to cross the […]
— Read moreThe state of West Virginia taxes it residents at the following rates, regardless of filing status. Up to $10,000 at 3% $10,001 to $25,000 at 4% $25,001 to $40,000 at 4.5% $40,001 to $60,000 at 6% $60,001 and above at 6.5% West Virginia taxes Social Security benefits to the extent that they are taxed by […]
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