West Virginia Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in West Virginia.
πΊοΈWhy calculating in this state is different
West Virginia has a progressive income tax system.
State Income Tax
2% - 5.12%
Base Sales Tax
6%
State Min Wage
$8.75 / hr
Abbreviation
WV
West Virginia Business
This calculator uses the latest 2026 data for West Virginia, including the minimum wage of $8.75/hr and the specific state income tax rates (2% - 5.12%).
$
State Tax Rate2% - 5.12%
πState Details
State Income Tax
2% - 5.12%
Base Sales Tax
6%
State Min Wage
$8.75/hr
Abbreviation
WV
Net Income
$39,660.00
after taxes in West Virginia
Gross Income
$75,000.00
Total Tax
$35,340.00
πKey Metrics
Net Income
$39,660.00
after taxes
State Tax
$18,840.00
state income tax
Effective Tax Rate
47.1%
total tax burden
βΉοΈSummary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$18,840.00
Net Income$39,660.00
βFrequently Asked Questions
What is the corporate tax rate in West Virginia?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in West Virginia must also consider unemployment insurance taxes, sales tax collection (6%), and local business licenses.
Do LLCs pay tax in West Virginia?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 2% - 5.12% rate. However, West Virginia may also impose an annual LLC franchise fee.
πRelated Calculators