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IRS 1099-MISC 2025 online WV: What You Should Know
Tax-Free State — West Virginia As of August 2014, the state of West Virginia has adopted a tax-free state, for tax-exempt income in excess of 1,500. West Virginia does not impose a tax for personal income in excess of 500. For details on West Virginia's tax-free/tax-exempt status, visit: . All West Virginia taxes are paid by the Washington State Comptroller. West Virginia Income Tax Rate on Wishes and Charitably-Sought Gifts 1. In general, Wishes made to a specific person are taxable. Gifts to: a) relatives; b) a ward or dependent child of the person making the wish; c) a spouse; d) a friend of the person making the wish; e) spouse; f) children of the person making the wish; g) dependent grandchildren under the age of 18; h) independents under age 18 not stated above; i) spouse or common-law partner of the person making the wish; j) the same person to whom a prior wish is made within the previous 12 months ; and k) a school, church, hospital, or other institution which is exempt from taxation with a purpose to benefit children receiving welfare in the state of West Virginia. Note that: 1A) A child's property, income or services is property of the parent, and, therefore, child's property, income or services would be taxable under this paragraph only if his or her parent is the same as the person making the wish, and only the child's property, income or services would be taxable under this paragraph. For example, two individuals are married to parents who want to make an unwanted, but desired, third child. The donor is a father of the child, not the donor's mother. The person's mother is listed as the donor. For this reason, this person, and not the donor, would be the donor's child, and would be taxable under the above paragraph. There are situations when a wish directed specifically to a beneficiary on whom W-2 wages have been withheld from the wages or salary of the recipient or their spouse must be reported to the Department of Revenue. The Department will not be able to determine if the child is eligible for the tax exemption if the child's income does not exceed the withholding limits in the case of gifts to a family member. However, the child is not considered to be a child of the donor.
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