WV HB2792

Exempts 100% of social security benefits from West Virginia personal income tax for taxable years beginning after December 31, 2024

Removes the existing income-based limitations that currently restrict the social security exemption to married couples filing jointly with federal adjusted gross income under $100,000 (or $50,000 for single/separate filers)

Eliminates the phased-in approach previously enacted that provided partial exemptions (35% in 2024, 65% in 2025, 100% in 2026) for higher-income taxpayers

Applies to all social security benefits under Title 42 U.S.C., Chapter 7, including Old Age, Survivors and Disability Insurance Benefits and Supplemental Security Income