Tax Credit Available To Qualifying W.Va. Seniors

By: Associated Press
By: Associated Press

Charleston, W.Va. (AP) -- Tax commissioner Christopher G. Morris is reminding West Virginians who want to claim the senior citizens' personal income tax credit to file a state tax return.

Morris said personal income tax returns will enable the tax department to provide the refundable tax credit more efficiently.

The personal income tax credit is for taxes paid on property in which the first $20,000 of assessed value is exempt under the homestead exemption.

In addition to qualifying for the homestead exemption, seniors also must pay some property tax on the home.

Their federal adjusted gross income also must meet the low income test.

(Copyright 2010 by the Associated Press. All rights reserved.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
TheNewsCenter One Television Plaza Parkersburg, WV. 26101 304-485-4588
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 80735562 - thenewscenter.tv/a?a=80735562