West Virginia Paycheck Calculator
Calculate your take-home pay after federal & West Virginia taxes
Updated for 2023 tax year on Mar 15, 2023
Paycheck calculators by state
Paycheck calculator for West Virginia
Overview of West Virginia
West Virginia has a population of over 1 million (2019) and is known for scenic mountain beauty and limitless outdoor recreation opportunities. The median household income is $43,469 (2017).
Brief summary:
- the income tax rate ranges from 3% to 6.5%
- no state-level payroll tax
- able to claim state-level exemptions
From Wikipedia
Understanding your West Virginia paycheck
Embark on a journey to uncover the mysteries of your West Virginia paycheck, a treasure trove of financial insights. In this expedition, we’ll explore the fascinating world of income tax, state exemptions, and pre-tax and post-tax deductions, ultimately unveiling the enigma that is your net pay. With this newfound knowledge, you’ll be ready to seize the helm and chart your course toward financial success in West Virginia.
Are you starting a new job or updating your tax information? The W-4 form is your trusty map, guiding your employer through the uncharted waters of federal income tax withholding. Based on your filing status, income, and dependents, the W-4 form ensures smooth sailing. Keep your map up-to-date by revising the W-4 whenever life takes an unexpected turn or your financial landscape shifts.
Sailing into West Virginia waters, you’ll encounter state income tax. As your income rises, so too does the tax rate, thanks to the progressive tax system. To determine the state income tax withheld from your paycheck, consult the West Virginia State Tax Department’s income tax rate schedule.
Our adventure continues as we delve into FICA taxes – deductions that fund the vitalSocial Security and Medicare programs. Like a trusty crew, employees and employers contribute to these crucial social safety nets, with employees typically contributing 7.65% of their wages (6.2% for Social Security and 1.45% for Medicare).
Next, we discover hidden treasures in the form of pre-tax deductions. Deducted from your gross pay before taxes are calculated, these valuable gems include contributions to retirement plans like 401(k)s and Health Savings Accounts (HSAs). By contributing to these programs, you lower your taxable income and set your sights on a secure financial future.
After calculating your taxable income, we encounter post-tax deductions. These may include union dues, charitable donations, wage garnishments, and after-tax contributions to retirement accounts. Understanding the deductions that apply to you is crucial, as they impact the gold doubloons left in your net pay.
At the end of our thrilling journey, we unearth your net pay – the amount deposited into your bank account. Regularly reviewing your pay stubs ensures the accuracy of deductions and offers a spyglass into how your financial choices impact your take-home pay.
Consider contributing to tax-advantaged accounts like 401(k) plans and HSAs to maximize your tax situation. These pre-tax contributions can lower your taxable income, potentially reducing your taxes and bolstering your financial future.
Calculate your West Virginia paycheck
West Virginia tax year starts from July 01 the year before to June 30 the current year. So the tax year 2022 will start from July 01 2021 to June 30 2022.
Calculating your West Virginia state income tax is similar to the steps we listed on our Federal paycheck calculator:
- figure out your filing status
- work out your adjusted gross income [Net income – Adjustments = Adjusted gross income]
- calculate your taxable income [Adjusted gross income – (Itemized deductions + Exemptions) = Taxable income]
- understand your income tax liability [Taxable income × Income tax rate = Income tax liability]
- minus any tax liability, deductions, withholdings [Net income – (Income tax liability + Pre-tax deductions + Post-tax deductions + Withholdings) = Your paycheck]
State payroll tax
There is no state-level payroll tax.
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2022 2021 2020 |
Single Married, Filing Jointly or Widow(er) Head of Household |
$0 – $10,000 | 3.00% |
$10,000 – $25,000 | 4.00% | ||
$25,000 – $40,000 | 4.50% | ||
$40,000 – $60,000 | 6.00% | ||
$60,000+ | 6.50% | ||
Married, Filing Separately | $0 – $5,000 | 3.00% | |
$5,000 – $12,500 | 4.00% | ||
$12,500 – $20,000 | 4.50% | ||
$20,000 – $30,000 | 6.00% | ||
$30,000+ | 6.50% |
State standard deduction
There are no state-level standard deductions.
State exemptions
There are state-level exemptions for all types of filers and dependents. Refer to Tax Foundation for more details.
Tax year | Filing status | Personal exemption amount |
---|---|---|
2022 2021 2020 |
Single Married, Filing Separately Head of Household |
$2,000 |
Married, Filing Jointly or Widow(er) | $4,000 | |
Dependent(s) | $2,000 |
FAQs
What taxes do West Virginians pay?
The state-level income tax rate ranges from 3% to 6.5%. There is no additional payroll tax.
How much do you make after taxes in West Virginia?
For a single filer with an annual wage of $44,000, the take-home pay is $35,418.50.
The take-home pay for a married couple with a combined income of $88,000 is $69,892.
How much taxes are deducted from a $44,000 paycheck in West Virginia?
The total taxes deducted for a single filer are $715.13 monthly or $330.06 bi-weekly.