StateSubsidies
Back to all incentives
Tax CreditWest VirginiaActiveVerified

West Virginia Economic Opportunity Tax Credit

WV Department of Economic Development (WVDED)WV-EOTCRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Business and occupation tax credits for qualifying businesses creating 20+ new jobs in West Virginia, with enhanced benefits for investments in high-unemployment counties.

Key Requirements & Eligibility

  • 1Must create at least 20 new full-time jobs within 12 months of application
  • 2Jobs must pay at least 150% of federal minimum wage with health benefits
  • 3Credit: $3,000 per qualifying new job per year for up to 13 years
  • 4Enhanced credit in high-unemployment counties: $5,000–$8,000 per job
  • 5Must file annual certification with WV Tax Department

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Must create at least 20 new full-time jobs within 12 months of application

2.Jobs must pay at least 150% of federal minimum wage with health benefits

3.Credit: $3,000 per qualifying new job per year for up to 13 years

4.Enhanced credit in high-unemployment counties: $5,000–$8,000 per job

5.Must file annual certification with WV Tax Department

Related Programs

LoanFederalVerifiedPrivate business

DOE Loan Programs Office — Title 17 Clean Energy Financing

LPO · United States

Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.

Clean TechnologyEnergy StorageManufacturing+1

via www.energy.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionManufacturing

via www.dec.ny.gov · MEDIUM

Details
Tax CreditStateVerifiedPrivate business

North Carolina Renewable Energy Tax Credit

NCDOR · North Carolina

Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.

Clean TechnologyEnergy ManagementAgriculture+1

via www.ncdor.gov · MEDIUM

Details
Official Source