From the Logan Banner
WEST VIRGINIA— Good news for those West Virginians who receive Social Security benefits: Beginning in 2020, many will be getting a tax break.
The 2019 legislative session passed a law that allows 35% of a person’s 2020 Social Security benefits to avoid income taxes. For this tax reduction to apply, the person’s federal adjusted gross income must be $50,000 or less (or a maximum of $100,000 for a married couple).
In 2021, the tax-free amount increases to 65% of the Social Security benefits, again with the top limit of $50,000 federal AGI per person. …
