State Sales Tax: 6% (prescription drugs exempt). Cigarette tax:
38 cents - 20/pack, 48 cents - 25/pack
Tax: 25.35 cents/gallon
Fuel Tax: 25.35 cents/gallon
Tax: 25.35 cents/gallon
Range: Low - 3%; High - 6.5%
Brackets: * Lowest - $10,000; Highest - $60,000
of Brackets: 5
Exemptions: Single - $2,000; Married - $4,000; Dependents -
Medical/Dental Deduction: None
Income Tax Deduction: None
Retirement Income Taxes: $2,000 of civil, and state pensions are
exempt. Taxpayers 65 and older or surviving spouses of any age may
exclude the first $8,000 (individual filers) or $16,000 (married filing
jointly) of any retirement income. Out-of-state government pensions
qualify for the $8,000 exemption. As for military retirement pay, the
amount of pay that is exempt from state income taxes is equal to the
number of years of active duty, multiplied by 2%, with the product then
multiplies by the first $30,000 of military retirement income.
Retired military Pay: First $2,000 is exempt, plus an additional
exclusion total whose formula is years of military service multiplied by
2 percent, multiplied by military pension; or $30,000, whichever is
Military Disability Retired Pay: Disability Portion - Length of
Service Pay; Member on September 24, 1975 - No tax; Not Member
on September 24, 1975 - Taxed, unless combat incurred.
Retired Pay - Based solely on disability: Member on September 24,
1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay
based on disability and disability resulted from armed conflict,
extra-hazardous service, simulated war, or an instrumentality of war.
Dependency and Indemnity Compensation: Not subject to federal or
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes
for those states with income tax. Check with state department of
Property tax is administered by county officials and officials of
several state government agencies. Although the Department of Tax and
Revenue plays a major role in the administration of this tax, less than
one-half of one percent of the property tax collected goes to state
government. The primary beneficiaries of the property tax are county
boards of education. Property taxes are paid to the sheriff of each of
the state's 55 counties. Each county and municipality can impose its
own rates of property taxation within the limits set by the West
The West Virginia legislature sets the rate of tax of county boards of
education. This rate is used statewide by all county boards of
education. However, the total tax rate for county boards of education
may differ from county to county due to excess levies. The total tax
rate is a combination of the tax levies from four state taxing
authorities: state, county, schools, and municipal. This total tax rate
varies for each of the four classes of property, which consists of
personal, real , and intangible properties. Property is assessed
according to its use, location, and value as of July 1. The amount of
property tax paid depends on the following factors: the assessed
property value as determined by a county assessor, and the tax rate
levied against each $100 of the property's assessed valuation. The
assessed value of the property must be 60 percent of the property's true
and actual value, which is defined as the amount of money the property
would be worth in a sale.
The state offers a refundable income tax credit for recipients of the
property tax Homestead Exemption. It is based on the amount of ad
valorem property taxes paid on the first $10,000, or portion thereof, of
the taxable assessed value over the $20,000 Homestead Exemption.
Seniors 65 or older who are eligible for the program may claim the
credit must incur and pay a property tax on their home (assessed value
greater than $20,000), their federal adjusted gross income must meet the
low income test, and they must file a document to verify their annual
income and the amount of credit.
Inheritance and Estate Taxes
There is no inheritance and the estate tax is limited and related to
federal estate tax collection.
information, visit the
Department of Tax and Revenue site or call 304-558-3333.
* For joint
returns, the taxes are twice the tax imposed on half the income.