1 But see details in the chart below to be sure. 2  Marketplace savings are based on your expected household income for 2016, not last year’s income. You must make your best estimate so you qualify for the right amount of savings.  You may have the option to enter your income as monthly or yearly.
https://www.healthcare.gov/income-and-household-information/income/
Exemptions: A personal exemption of $2,000 is allowed for each personal exemption. Your West Virginia personal. exemptions are the same as your federal exemptions. A surviving spouse is allowed one additional $2,000 exemption for two. taxable years following the year of death of his or her spouse.
http://tax.wv.gov/Documents/TSD/tsd413.pdf
Once you have Marketplace health insurance, it’s very important to report any income changes as soon as possible. If you don’t report these changes, you could miss out on savings or wind up having to pay money back when you file your federal tax return for the year. Learn how to report changes to the Marketplace.
https://www.healthcare.gov/income-and-household-information/income/
You must file a State income tax return if you were required to file a federal return, if you were not required to file a federal. return, but your West Virginia adjusted gross income is greater than your personal exemption allowance or to obtain a refund.
http://tax.wv.gov/Documents/TSD/tsd413.pdf
When you fill out a Marketplace application, you’ll need to estimate what your household income is likely to be for 2016. In most cases you’ll use your gross income — your total income before taxes and other deductions are taken out. But see details in the chart below to be sure.
https://www.healthcare.gov/income-and-household-information/income/
Virginia for income tax purposes; therefore, his/her military compensation is not taxable to West Virginia even. though he/she is stationed in West Virginia and maintains a permanent place of abode therein. Combat pay received during 2009 is not taxable on the federal income tax return.
http://www.state.wv.us/taxrev/forms/2009/it140.forms-and-instructions.pdf
Beginning with tax year 2008, there is a refundable personal income tax credit for real property taxes paid in excess. of your income. The maximum refundable tax credit is $1,000.00. You must complete the schedule in the personal income. tax booklet to determine the amount of your credit. Persons who pay the federal alternative minimum tax are not eligible to. claim this credit.
http://tax.wv.gov/Documents/TSD/tsd413.pdf
You are not required to file a West Virginia return if you and your spouse are 65 or older and your total. income is less than your exemption allowance plus the senior citizen modification. For example, $2,000. per exemption plus up to $8,000 of income received by each taxpayer who is 65 or older.
http://www.state.wv.us/taxrev/forms/2009/it140.forms-and-instructions.pdf
Social Security Income : Social security income is taxable to West Virginia income tax ONLY to the extent that the. income is includible in your federal adjusted gross income. Tax Rate : Tax is computed at a graduated rate and is assessed in a range beginning at three percent to six and one-. half percent.
http://tax.wv.gov/Documents/TSD/tsd413.pdf
1 In most cases you’ll use your gross income — your total income before taxes and other deductions are taken out. But see details in the chart below to be sure.  Marketplace savings are based on your expected household income for 2016, not last year’s income.
https://www.healthcare.gov/income-and-household-information/income/
what is considered taxable income in virginia
 In Virginia, $2,000 is considered as a taxable income. The taxable income in Virginia is $2,000.   The taxable income in Virginia is considered to be $2,000.