West Virginia Individual Income Tax Rate Schedules

Individual Income Tax Rate Schedules
Form IT140 Tax Rate Schedules
2024 TAX RATE SCHEDULES
RATE SCHEDULE I
Use this schedule if you checked 1 (Single), 2 (Head of household), 3 (Married filing joint), or 5 (Widow[er] with
dependent child) under “FILING STATUS”.
Less than $10,000....................................................................................................................................................................2.36% of the taxable income
At least –

But less than –

$10,000

$25,000

$236.00 plus 3.15% of excess over $10,000

$25,000

$40,000

$708.50 plus 3.54% of excess over $25,000

$40,000

$60,000

$1,239.50 plus 4.72% of excess over $40,000

$60,000

$2,183.50 plus 5.12% of excess over $60,000
EXAMPLE
With a taxable income of $117,635

$
x

57,635.00 Income in excess of $60,000
.0512 Tax Rate $60,000 and above

$

2,950.91 Tax on excess of $57,635

+

2,183.50 Tax on $60,000

$

5,134.41 Total Tax on $117,635 (Round to nearest whole dollar)

RATE SCHEDULE II
Use this schedule if you checked box 4 (Married filing separately) under “FILING STATUS”.
Less than $5,000 .................................................................................................................................................................... 2.36% of the taxable income
At least –

But less than –

$ 5,000

$12,500

$118.00 plus 3.15% of excess over $5,000

$12,500

$20,000

$354.25 plus 3.54% of excess over $12,500

$20,000

$30,000

$619.75 plus 4.72% of excess over $20,000

$30,000

$1,091.75 plus 5.12% of excess over $30,000
EXAMPLE
With a taxable income of $118,460

$
x

88,460.00 Income in excess of $30,000
.0512 Tax Rate $30,000 and above

$

4,529.15 Tax on excess of $88,460

+

1,091.75 Tax on $30,000

$

5,620.90 Total Tax on $118,460 (Round to nearest whole dollar)

tax.wv.gov

2024 Personal Income Tax Information and Instructions — 35