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Tax CreditWest VirginiaActiveVerified

West Virginia Economic Opportunity Tax Credit

WV Department of Economic Development (WVDED)WV-EOTCRefreshed 1 month ago
Do I qualify?
Who can apply

Businesses

Government-funded

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 for a rules-based 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

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