image description

West Virginia Close To Elimination of Tax On Social Security

February 29th, 2024 by WCBC Radio

West Virginia could soon be eliminating the income tax on Social Security earnings entirely over a three-year phase out.  House Bill 4880 is now in the Finance Committee for the Senate. Previously, the General Assembly passed the elimination of Social Security taxes on those earning $50,000 and filing singly and $100,000 if filing jointly. Mineral County Delegate Gary Howell is a co-sponsor of the bill.