The West Virginia Legislature passed legislation that would adopt federal income tax law changes in effect:
-after December 31, 2016; and
-before January 1, 2018.
The legislation would apply to taxpayers computing West Virginia:
-corporate net income tax liability; and
-personal income tax liability.
However, personal exemptions for individuals would be allowed as if those exemptions had not been eliminated under federal income tax law for tax years beginning after 2017.
H.B. 4135 and H.B. 4146, as passed West Virginia Senate on February 9, 2018