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Tax CreditWest VirginiaActiveVerified

West Virginia JOBS Act Tax Credit

WV Department of Economic Development (WVDED)WV-JOBS-ACTRefreshed 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

Income tax credits for qualifying businesses creating new jobs in West Virginia, calculated as a percentage of wages paid to new employees, with enhanced benefits for jobs in manufacturing and technology sectors.

Key Requirements & Eligibility

  • 1Must create at least 20 new full-time jobs paying 130%+ of state average wage
  • 2Jobs must provide employer-sponsored health and retirement benefits
  • 3Credit: 5% of wages paid to new employees for up to 5 years
  • 4Enhanced credit for manufacturing and technology: additional 2% per year
  • 5Must maintain WV operations and employment levels for the credit period

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 paying 130%+ of state average wage

2.Jobs must provide employer-sponsored health and retirement benefits

3.Credit: 5% of wages paid to new employees for up to 5 years

4.Enhanced credit for manufacturing and technology: additional 2% per year

5.Must maintain WV operations and employment levels for the credit period

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