On March 7, 2023, West Virginia Governor Jim Justice signed HB 2526, which immediately reduced the state income tax in the year 2023 by an average of 21.25%. These rates were changed retroactively to Jan. 1, 2023. Therefore, if you over withheld income tax and had filed taxes prior to the rate change in isolved on April 7, 2023, a refund will be available upon filing your 2023 personal income tax return in 2024. Payrolls processed after Thursday, April 6, will reflect the new rates.
See the Insperity Help Center release notes for the tax rates now applicable to income in the 2023 tax year.