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There is a 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 below to determine the amount of your credit. Note: You may claim the Senior Citizen Tax Credit for Property Tax Paid OR the Homestead Excess Property Tax Credit but not both. I f t his sche dule is not at t a che d t o For m I T-1 4 0 , t he c re dit w ill be disa llow e d. 1. Enter the total West Virginia property tax paid.

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