West Virginia SB120 allows a personal income tax deduction for qualified tipped wages.

West Virginia SB120 introduces a personal income tax deduction for qualified tipped wages. This deduction applies to tips reported to the employer and reduces the taxpayer's federal adjusted gross income. Qualified tips include cash, credit or debit card charges, or checks received by a resident individual taxpayer. The modification is effective for taxable years beginning on and after January 1, 2027, and is available regardless of the type of return form filed.

West Virginia SB120 allows a personal income tax deduction for qualified tipped wages.

West Virginia SB120 introduces a personal income tax deduction for qualified tipped wages. This deduction applies to tips reported to the employer and reduces the taxpayer's federal adjusted gross income. Qualified tips include cash, credit or debit card charges, or checks received by a resident individual taxpayer. The modification is effective for taxable years beginning on and after January 1, 2027, and is available regardless of the type of return form filed.