Please remember: Whether state tax benefits are available depends on each taxpayer’s individual circumstances. The information on this website is no substitute for professional tax or legal advice. You should consult with a qualified tax professional and/or legal professional to understand your tax situation and how opening or using a Jumpstart Savings Account affects you. You are responsible for your own tax reporting and for maintaining records needed for tax reporting or a potential tax audit. Jumpstart Savings Program tax benefits are state tax benefits only, and do not affect any person’s federal tax liability or tax liability in a state other than West Virginia.