WV HB2168

Establishes a $20,000 exemption threshold for West Virginia personal income tax, with income at or below this amount taxed at 0%

Imposes a flat 3% tax rate on all taxable income exceeding $20,000

Applies the same tax structure to individuals, joint filers, heads of households, surviving spouses, estates, and trusts

Married individuals filing separately each receive the same $20,000 exemption and 3% rate on excess income

Takes effect for all taxable years beginning on or after January 1, 2025, replacing the existing rate structure in §11-21-4e