Wv Income Tax Rates

Wv Income Tax Rates

Wv Income Tax Rates

In 2011 the lowest income tax bracket is rising from 10% to 15% for all singles making less than $35,020 and couples earning less than $70,040.

The next tax bracket is 28%. This jump is the reason that many middle class income earners will find huge tax returns compared to those who earn less or more.

Huge Tax Returns for Middle Class

For those who earn a salary over $70,040 (jointly), income tax witholdings will come out of your paycheck at a rate of 28% before any money is actually received. So, for a family earning $85,000, the amount taken out for income taxes will be $23,800.