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us-wv/statute/11-21-10/block-1 — §11-21-10. Low income exclusion. · Axiom

§11-21-10. Low income exclusion.

(a)Earned income exclusion. -- In the case of an eligible…#

(a) Earned income exclusion. -- In the case of an eligible taxpayer, there shall be allowed as a deduction from federal adjusted gross income the amount of his or her earned income included therein, not to exceed $10,000, except that when a husband and wife file separate returns under this article this exclusion shall not exceed $5,000 per separate return: Provided, That for the taxable year beginning January 1, 1996, the exclusion provided for in this section shall apply only to earned income received after June 30, 1996, and the amount excluded shall not exceed fifty percent of the annual low income exclusion amounts set forth in this subsection.

in view

Whole section

▸rulespec code

Shown source

statutes/11-21-10.yaml

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Rules

annual_earned_income_exclusion_cap

Parameter

source: 11-21-10(a)

- name: annual_earned_income_exclusion_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: not to exceed $10,000
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

separate_return_earned_income_exclusion_cap

Parameter

source: 11-21-10(a)

- name: separate_return_earned_income_exclusion_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              when a husband and wife file separate returns ... shall not exceed $5,000 per separate
              return
  versions:
    - effective_from: '0001-01-01'
      formula: '5000'

temporary_initial_year_exclusion_fraction

Parameter

source: 11-21-10(a)

- name: temporary_initial_year_exclusion_fraction
  kind: parameter
  dtype: Rate
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: for the taxable year beginning January 1, 1996 ... shall not exceed fifty percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold

Parameter

source: 11-21-10(b)

- name: eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              unmarried individual and any husband and wife filing a joint return ... federal
              adjusted gross income of $10,000 or less
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold

Parameter

source: 11-21-10(b)

- name: eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              husband or wife filing a separate return ... federal adjusted gross income of $5,000
              or less
  versions:
    - effective_from: '0001-01-01'
      formula: '5000'

earned_income_for_section

Derived

source: 11-21-10(c)

- name: earned_income_for_section
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-wv/statute/11-21-10
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        max(0, wages_salaries_tips_and_other_employee_compensation +
        net_earnings_from_self_employment_determined_with_section_164_deduction -
        pension_or_annuity_amount_otherwise_included_in_earned_income -
        penal_institution_services_amount_otherwise_included_in_earned_income)

eligible_taxpayer

Derived

source: 11-21-10(b)

- name: eligible_taxpayer
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              unmarried individual and any husband and wife filing a joint return ... $10,000 or
              less
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: husband or wife filing a separate return ... $5,000 or less
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        ((taxpayer_is_unmarried_individual or husband_and_wife_file_joint_return_under_this_article)
        and federal_adjusted_gross_income <=
        eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold)

        or (husband_or_wife_files_separate_return_under_this_article and
        federal_adjusted_gross_income <=
        eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold)

earned_income_exclusion_cap

Derived

source: 11-21-10(a)

- name: earned_income_exclusion_cap
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              not to exceed $10,000, except that when a husband and wife file separate returns ...
              not exceed $5,000
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: for the taxable year beginning January 1, 1996 ... not exceed fifty percent
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if taxable_year_is_initial_partial_exclusion_year:
          temporary_initial_year_exclusion_fraction * (if husband_or_wife_files_separate_return_under_this_article: separate_return_earned_income_exclusion_cap else: annual_earned_income_exclusion_cap)
        else:
          if husband_or_wife_files_separate_return_under_this_article: separate_return_earned_income_exclusion_cap else: annual_earned_income_exclusion_cap

earned_income_exclusion_deduction

Derived

source: 11-21-10(a)

- name: earned_income_exclusion_deduction
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              there shall be allowed as a deduction from federal adjusted gross income the amount of
              his or her earned income included therein
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              no credit shall be allowed ... taxable year covering a period of less than twelve
              months
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        if eligible_taxpayer and (taxable_year_covers_full_twelve_months or
        taxable_year_closed_by_reason_of_death_of_taxpayer): min(max(0,
        earned_income_included_in_federal_adjusted_gross_income), max(0,
        earned_income_exclusion_cap)) else: 0

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§11-21-10. Low income exclusion.

Official source

(a)Earned income exclusion. -- In the case of an eligible…#

in view

Whole section

▸rulespec code

Shown source

statutes/11-21-10.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us-wv/statute/11-21-10; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

annual_earned_income_exclusion_cap

Parameter

source: 11-21-10(a)

- name: annual_earned_income_exclusion_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: not to exceed $10,000
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

separate_return_earned_income_exclusion_cap

Parameter

source: 11-21-10(a)

- name: separate_return_earned_income_exclusion_cap
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              when a husband and wife file separate returns ... shall not exceed $5,000 per separate
              return
  versions:
    - effective_from: '0001-01-01'
      formula: '5000'

temporary_initial_year_exclusion_fraction

Parameter

source: 11-21-10(a)

- name: temporary_initial_year_exclusion_fraction
  kind: parameter
  dtype: Rate
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: for the taxable year beginning January 1, 1996 ... shall not exceed fifty percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.50'

eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold

Parameter

source: 11-21-10(b)

- name: eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              unmarried individual and any husband and wife filing a joint return ... federal
              adjusted gross income of $10,000 or less
  versions:
    - effective_from: '0001-01-01'
      formula: '10000'

eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold

Parameter

source: 11-21-10(b)

- name: eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold
  kind: parameter
  dtype: Money
  unit: USD
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              husband or wife filing a separate return ... federal adjusted gross income of $5,000
              or less
  versions:
    - effective_from: '0001-01-01'
      formula: '5000'

earned_income_for_section

Derived

source: 11-21-10(c)

- name: earned_income_for_section
  kind: derived
  entity: Person
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(c)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-wv/statute/11-21-10
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        max(0, wages_salaries_tips_and_other_employee_compensation +
        net_earnings_from_self_employment_determined_with_section_164_deduction -
        pension_or_annuity_amount_otherwise_included_in_earned_income -
        penal_institution_services_amount_otherwise_included_in_earned_income)

eligible_taxpayer

Derived

source: 11-21-10(b)

- name: eligible_taxpayer
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 11-21-10(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              unmarried individual and any husband and wife filing a joint return ... $10,000 or
              less
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: husband or wife filing a separate return ... $5,000 or less
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        ((taxpayer_is_unmarried_individual or husband_and_wife_file_joint_return_under_this_article)
        and federal_adjusted_gross_income <=
        eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold)

        or (husband_or_wife_files_separate_return_under_this_article and
        federal_adjusted_gross_income <=
        eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold)

earned_income_exclusion_cap

Derived

source: 11-21-10(a)

- name: earned_income_exclusion_cap
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              not to exceed $10,000, except that when a husband and wife file separate returns ...
              not exceed $5,000
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: for the taxable year beginning January 1, 1996 ... not exceed fifty percent
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        if taxable_year_is_initial_partial_exclusion_year:
          temporary_initial_year_exclusion_fraction * (if husband_or_wife_files_separate_return_under_this_article: separate_return_earned_income_exclusion_cap else: annual_earned_income_exclusion_cap)
        else:
          if husband_or_wife_files_separate_return_under_this_article: separate_return_earned_income_exclusion_cap else: annual_earned_income_exclusion_cap

earned_income_exclusion_deduction

Derived

source: 11-21-10(a)

- name: earned_income_exclusion_deduction
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 11-21-10(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              there shall be allowed as a deduction from federal adjusted gross income the amount of
              his or her earned income included therein
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-wv/statute/11-21-10
            excerpt: >-
              no credit shall be allowed ... taxable year covering a period of less than twelve
              months
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        if eligible_taxpayer and (taxable_year_covers_full_twelve_months or
        taxable_year_closed_by_reason_of_death_of_taxpayer): min(max(0,
        earned_income_included_in_federal_adjusted_gross_income), max(0,
        earned_income_exclusion_cap)) else: 0

§11-21-10. Low income exclusion.

(a)Earned income exclusion. -- In the case of an eligible…#

annual_earned_income_exclusion_cap

separate_return_earned_income_exclusion_cap

temporary_initial_year_exclusion_fraction

eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold

eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold

earned_income_for_section

eligible_taxpayer

earned_income_exclusion_cap

earned_income_exclusion_deduction

§11-21-10. Low income exclusion.

(a)Earned income exclusion. -- In the case of an eligible…#

annual_earned_income_exclusion_cap

separate_return_earned_income_exclusion_cap

temporary_initial_year_exclusion_fraction

eligible_taxpayer_joint_or_unmarried_federal_adjusted_gross_income_threshold

eligible_taxpayer_separate_return_federal_adjusted_gross_income_threshold

earned_income_for_section

eligible_taxpayer

earned_income_exclusion_cap

earned_income_exclusion_deduction

(b)"Eligible taxpayer" defined. -- The term "eligible…#

(c)"Earned income" defined. --#

(d)Taxable year must be full taxable year. -- Except in…#