(a) Modification for contributions.
(1) For taxable years beginning on or after January 1, 2022, in addition to amounts authorized to be subtracted from federal adjusted gross income pursuant to 11-21-12 of this code, a modification reducing federal adjusted gross income is hereby authorized in an amount equal to a West Virginia taxpayers contribution to a Jumpstart Savings Account for the taxable year in which the payment is made, in accordance with 18-30A-1 et seq. of this code, but only to the extent the amount is not allowable as a deduction when arriving at the taxpayers federal adjusted gross income for the taxable year.