The incident took place on Thursday at the Innab checkpoint near the Palestinian town of Anabta, located adjacent to the northern West Bank city of Tulkarm.
The Palestinian Ministry of Health confirmed the death of the woman whose identity is not clear yet but did not provide further details on the incident.
Palestinian Ma'an news agency also quoted Palestinian Red Crescent spokeswoman Errab Foqoha as saying that the Israeli troops prevented an ambulance of the health organization from reaching the scene.
Red Crescent staff saw the woman lying on the ground before being taken inside an Israeli ambulance, Foqoha added.
Meanwhile, the Israeli army claimed in a statement that the victim was armed with a knife and tried to stab a soldier.
"Forces responded to the immediate threat by shooting the attacker, resulting in her death,” the statement said, adding that no Israelis were wounded in the Thursday incident.
Israeli policemen frisk Palestinian men at Damascus Gate, a main entrance to Old City of al-Quds (Jerusalem) before the Friday prayer at the al-Aqsa Mosque on April 8, 2016.
The occupied territories have been the scene of heightened tensions since August 2015, when Israel imposed restrictions on the entry of Palestinian worshipers into the al-Aqsa Mosque compound in East al-Quds (Jerusalem).
Al-Aqsa Mosque is the third holiest site in Islam after Masjid al-Haram in Mecca and Masjid al-Nabawi in Medina.
The Palestinians say Tel Aviv seeks to change the status quo of the holy Muslim site.
At least 213 Palestinians, including children and women, have lost their lives at the hands of Israeli forces in what is regarded as the third Palestinian Intifada (uprising) since the beginning of last October, Press TV reported.
S/SH 11