2024 West Virginia Code
Chapter 11. Taxation
Article 13MM. West Virginia Property Tax Adjustment Act
§11-13MM-4. Disabled Veteran Real Property Tax Credit

(a) Credit allowed. Disabled veterans may receive a tax credit against the tax imposed under 11-21-1 et seq. of this code in the amount of West Virginia ad valorem property tax timely paid on his or her homestead during the personal income taxable year.

(b) Amount of credit. Any homeowner meeting the definition of a disabled veteran under this article, shall be allowed a refundable credit against the taxes imposed by 11-21-1 et seq. of this code equal to the amount of West Virginia ad valorem real property taxes timely paid a county sheriff on a homestead which is used or occupied exclusively for residential purposes, as those terms are defined in 11-6B-2, during the personal income taxable year: Provided, That in no case shall any credit be allowed under this article for any untimely real property tax paid, or any payment of delinquent real property tax, or payment of "back tax" real property taxes.

(c) Application of credit against personal income tax. The amount of credit allowed under this section shall be taken against the personal income tax liability, imposed by article 11-21-1 et seq. of this code, of the eligible taxpayer.

(d) Refundable portion of annual credit allowance. If annual tax credit allowed under this article exceeds the amount of personal income tax subject to offset under this article in any taxable year, the eligible taxpayer may claim, for that taxable year, the excess amount as a refundable tax credit.

(e) Termination of tax credit. Any tax credit approved in accordance with the provisions of this section shall terminate immediately when any of the following events occur:

(f) Forms and instructions. The Tax Commissioner shall prescribe and supply all necessary instructions and forms for administration of this section.