Calculate your federal and West Virginia capital gains tax liability
Calculate Your
West Virginia Capital Gains Tax
West Virginia taxes capital gains as ordinary income. The top rate is 5.12% for 2025.
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West Virginia Capital Gains Tax Highlights
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Calculate your capital gains tax for West Virginia
📊 Enter your annual taxable income before including this capital gain. This determines your capital gains tax bracket.
📊 Choose your investment holding period
Calculator optimized for West Virginia tax rates
Tax Calculation Results
How West Virginia Taxes Capital Gains
West Virginia taxes capital gains as ordinary income. The top rate is 5.12% for 2025.
2025 Tax Brackets
West Virginia Tax Details
Tax Rate Structure
Capital gains are taxed as ordinary income using progressive tax brackets.
Key Requirements
West Virginia Tax Strategies
- • Consider timing of asset sales for tax efficiency
- • Coordinate with federal capital gains strategies
- • Review loss harvesting opportunities
• Consult with West Virginia tax professional for complex situations
Related Tax Services
Real Estate in West Virginia
Real estate capital gains in West Virginia are subject to both federal and state tax considerations:
West Virginia Real Estate Tax Rate
Real estate capital gains in West Virginia are taxed as ordinary income up to 5.12%.
Primary Residence
Federal Rules
West Virginia State Rules
State tax applies to gain above federal exclusion
Must file state return if gain exceeds exclusion
Additional Requirements:
- • Follows federal IRC Section 121.
Investment Property
Tax Deferral Strategies
1031 Like-Kind Exchanges
Defer federal taxes on investment property exchanges
Transfer Costs
Transfer Tax
Local Variations:
- • Counties add their own tax, typically $0.55 per $500.
Available Exemptions:
- • Certain family transfers
- • Transfers to secure a debt.
Recording Fees
Special Deductions & Notes:
- • Standard federal depreciation rules apply.
Investment & Tax Services
Property Tax Exemptions
Homestead
$20K
Maximum exemption
West Virginia Real Estate Specifics
• West Virginia levies a combined state and county Excise Tax on real estate transfers, paid by the seller.
• The Homestead Exemption provides property tax relief on the first $20,000 of assessed value for eligible seniors.
Real Estate & Investment Services
West Virginia Filing Requirements
Due Dates
Required Forms
- • Form IT-140
- • Capital gains schedule
- • Federal Form 8949 & Schedule D
Payment Options
- • Online payment portal
- • Electronic funds transfer
- • Check or money order
Tax Professional Services
Compare West Virginia to Other States
Tax Calculation Results
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