West Virginia brokerage account growth calculator

What a taxable index-fund account is actually worth after expense-ratio drag and after West Virginia takes its share of the gain — which, in most states, is not at the federal preferential rate.

West Virginia taxes your gains as ordinary income

There is no state equivalent of the federal preferential rate here — a long-term gain is charged at West Virginia's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Long-term capital gains are taxed as ordinary income at the graduated schedule, topping out at 4.58% for 2026. West Virginia taxable income begins from federal adjusted gross income, which already includes net capital gain, and West Virginia's increasing and decreasing modifications contain no general capital gains exclusion, no holding-period discount, and no preferential rate. The federal preferential long-term rate does not carry over. Because West Virginia's top bracket begins at only $60,000 of taxable income ($30,000 married filing separately), a retiree realizing a substantial gain will be at the top marginal rate on most of it.