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Schedule HEPTC-1 (Form IT-140) Homestead Excess Property Tax Credit PRIMARY LAST NAME SHOWN ON FORM IT-140 2011 SOCIAL SECURITY NUMBER There is a personal income tax credit for real property taxes.

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Homestead Excess Property Tax Credit. 2011. SCHEDULE. HEPTC-1. (Form IT-140). PRIMARY LAST...
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Form IT-140 is the Form used for the Tax Amendment. You can prepare a current tax year or previous tax year West Virginia Tax Amendment Form on eFile.com, however you cannot submit it electronically.

This publication provides general information. It is not a substitute for tax laws or regulations. In order to qualify for the Homestead Excess Property Tax Credit (HEPTC), your property taxes paid in 2022 must have exceeded 4% of your income in 2022. The maximum credit cannot exceed $1,000.

You must have lived at your homestead for at least six (6) months. You must have been a resident of West Virginia for the 2 consecutive calendar years prior to your application. You must be 65 years of age on or before June 30th of the next year.

West Virginia had previously taxed Social Security payments but started phasing out the tax in 2020, and will not be charged in the 2022 tax year. Several other states are either in the process of phasing out the tax or are exploring eliminating the tax entirely.

If you are domiciled in West Virginia and spent more than 30 days in the state, you must file a resident return and report all of your income to West Virginia.

Below is a representative, nonexclusive list of property that may be exempt from property tax: The first $20,000 of assessed value of owner-occupied residential property owned by a person age 65 or older or by a person who is permanently and totally disabled is exempt.

In order to qualify for the Homestead Excess Property Tax Credit (HEPTC), your property taxes paid in 2022 must have exceeded 4% of your income in 2022. The maximum credit cannot exceed $1,000.

To get this credit, you must file your state's income tax return, also referred as the IT-140. In addition, you must file the Department of Revenue's Senior Citizen Tax Credit Form, referred to as the SCTC-1. To start the process, contact the state Department of Revenue at: 800-982-8297 or 304-558-3333.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232