Exempts the first $20,000 of income from state income tax for West Virginia residents.
West Virginia HB4968 proposes to amend the state's personal income tax code by exempting the first $20,000 of income for resident individuals from personal income taxation. This applies to taxable years beginning on or after January 1, 2026, and includes joint filers. The bill authorizes an additional modification reducing federal adjusted gross income by the specified amount.
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