Are there any tax credits or deductions available in West Virginia?

Asked 6 months ago
Yes, there are several tax credits and deductions available in West Virginia. Some of the tax credits include the Alternative Fuel Vehicle Credit, the Small Business Investment Credit, and the Historic Rehabilitation Credit. Tax deductions available in West Virginia include deductions for qualified retirement income, medical expenses, and student loan interest. Additionally, taxpayers may be eligible for deductions for charitable contributions, mortgage interest, and property taxes paid. These tax credits and deductions can help individuals and businesses reduce their tax liability and possibly increase their refund. It is important to note that eligibility for these credits and deductions may vary, so it is recommended to consult with a tax professional or review the West Virginia Department of Revenue's guidelines for specific details and requirements.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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