Finance Q&A

PA State Income Tax ?

Edwards Finance > Loans

Q. Will be moving to PA this year and thought I would like to take my 2001 income and see how much tax I would have to pay PA if I lived there. Presently using TT but do not want to buy PA module for trying out. Does anyone know of a web site for this trial?

A. -Income (earned and unearned) X .028 = PA tax. -You can deduct business losses typically, and also unreimbursed employee expenses. It's essentially a flat tax. Also, beware of the local income tax. Most communities in PA have about a 1% flat t

 


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