Tax Relief for Elderly Homeowners and Renters

State

West Virginia

Year

2015

Variations in Receipt of Benefit

Benefit Varies with Income

Minimum Tax Amount Must be Paid

Benefit Type

Circuit Breaker

Benefit

This program grants relief that ranges from 75% of property tax liability for gross household incomes of $500 or less to 30% of the taxes that exceed 4.5% of income for gross household incomes ranging from $4,001 to $5,000. There are 6 brackets. The program identifies rent constituting property taxes as 12% of the gross rent paid for occupancy of the homestead. The maximum taxes considered is $125. Because of the low income ceiling, there are few participants.

How is Benefit Disbursed

Direct payment to taxpayer

Eligible Property Type

Residential

Characteristics of Eligible Property

Residential property, including mobile homes, are eligible.

Eligibility Criteria

Age

Homeowner

Income Ceiling

Renter

Surviving Spouse

Other Criteria

Description of Eligibility Criteria

Applicants must be at least 65 years of age, have lived in the state in the last year, and have a gross household income below $5,000. Widows and widowers are also eligible. Gross rent is determined based on the total amount of money paid to a landlord solely for the right of occupancy to a homestead.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

No local option regarding program features

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The state makes a payment directly to the taxpayer.

Record ID

WV103_RR15

Footnotes

Sources

W. Va. Code § 11-25-1 ~ § 11-25-11 (in effect for 2015)

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