Tag Archives: Tax

Income tax application, income tax application.#Income #tax #application

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USA Tax Rebate

Income tax applicationAt USA Tax Rebate, we specialize in obtaining an Individual Taxpayer Identification Number (ITIN) for non-residents of the United States of America (USA). The Internal Revenue Service (IRS) issues ITINs to individuals who are required to have a US taxpayer identification number but who do not have (or are not eligible to obtain) a Social Security Number (SSN) from the Social Security Administration (SSA). Get an ITIN number online here!

Apply via our ITIN Number application or call us at 1-888-479-6850

(or +1-807-346-1608 from outside North America).

We specialize in obtaining ITIN numbers for non-residents of the United States of America. To use our service you need to have a valid reason for obtaining an ITIN number and be able to prove your residency and identity.


Self-prepared applications usually contain errors. To be accepted by the IRS the application has to be perfect, containing no errors. It is not unusual for self-prepared applications to be sent back multiple times, each time resulting in a delay of 2 to 3 months. Get an ITIN Number fast using USA Tax Rebate!

2. No applications under the wrong reason:

The IRS is not going to interview you and determine the correct procedure to apply for your ITIN number and prepare the documents on your behalf as this is outside the scope of their service because it requires more time to understand your unique requirement than they are alloted to assist you. By using our service to get your IRS ID number we will take the time to understand your situation and apply under the correct procedure.

An ITIN number is only issued for tax reporting purposes. We help you get your ITIN number easily.

The fee for a US Federal Tax ID number is payable in advance. The fee for an ITIN number (a personal tax identification number) is $250.00. The fee for an EIN number ( a business entity tax identification number) is $250.00. GST or HST tax (levy) is added to services provided to Canadian residents, residents of other countries are exempt from GST or HST tax.

To see if you qualify to get an ITIN Number now please apply using the form or call us at 1-888-479-6850 (or +1-807-346-1608 from outside North America).

If you don’t get a US ITIN number we don’t charge a fee!

Virginia Income Tax Brackets 2016 #, hmrc.gov.uk/income tax.#Hmrc.gov.uk/income #tax

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#virginia income tax

Virginia s income tax brackets were last changed eight years ago for tax year 2007. and the tax rates have not been changed since at least 2001.

Virginia has four marginal tax brackets, ranging from 2% (the lowest Virginia tax bracket) to 5.75% (the highest Virginia tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket. which are the same in Virginia for single filers and couples filing jointly.

The Federal Income Tax. by contrast, has different tax brackets for Single, Married Filing Jointly, and Head of Household taxpayers.

How do Virginia tax brackets work?

Technically, you don t have just one tax bracket you pay all of the Virginia marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. For comparison purposes, however, your Virginia tax bracket is the tax bracket in which your last earned dollar in any given tax period falls.

You can think of the bracketed income tax as a flat amount for all of the money you earned up to your highest tax bracket. plus a marginal percentage of any amount you earned over that. The chart below breaks down the Virginia tax brackets using this model:

For earnings between $0.00 and $3,000.00, you ll pay 2%

For earnings between $3,000.00 and $5,000.00, you ll pay 3% plus $60.00

Virginia Income Tax Estimator

You can use the income tax estimator to the left to calculate your approximate Virginia and Federal income tax based on the most recent tax brackets.

Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits.

For a more detailed estimate that takes these factors into account, click View Detailed Estimate (this will will redirect to an external website).

Virginia Tax Deductions

When calculating your Virginia income tax, keep in mind that the Virginia state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions.

Qualifying deductions might include an itemized deduction, the Virginia standard deduction, exemptions for dependants, business expenses, etc.

Remember that Virginia may have very different deduction laws from the Federal Income Tax. so you may have to write a whole new list of deductions for your Virginia income tax return.

Hmrc.gov.uk/income tax

Download .CSV file of VA income tax brackets

Compatible with Excel or database software

Download or print Virginia income tax forms

VA income tax forms are available as PDFs

Virginia Standard Deductions Personal Exemption Amounts

In addition to marginal tax brackets, one of the major features of the Virginia income tax is deductions. The three most common deductions encountered by taxpayers are the Virginia Standard Deduction. the Virginia Personal Exemption. and the Virginia Dependent Deduction. The current values of these deductions for tax year 2015 are as follows:

The standard deduction, which Virginia has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. Essentially, it translates to $3,000.00 per year of tax-free income for single Virginia taxpayers, and $6,000.00 for those filing jointly.

The Personal Exemption. which is supported by the Virginia income tax, is an additional deduction you can take if you (and not someone else) are primarily responsible for your own living expenses. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support.

The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than Virginia s and may have different rules.

Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide.

Hmrc.gov.uk/income taxSources Citations

Disclaimer: While we do our best to keep this list of Virginia income tax rates up to date and complete, we cannot be held liable for errors or omissions. Is info on this page missing or out-of-date? Please let us know so we can fix it!

Hmrc.gov.uk/income taxThe Virginia tax brackets on this page have been updated for tax year 2015. and are the latest brackets available. States often adjust their tax brackets on a yearly basis, so make sure to check back later for Virginia s updated tax year 2016 tax brackets!

Tax Data Sources:

  1. The Virginia tax brackets on this page were last updated from the Virginia Department of Taxation in 2015. Please contact us if any of our Virginia tax data is incorrect or out of date.
  2. Virginia tax return forms are available on the Virginia tax forms page or the Virginia Department of Revenue.
  3. Before the official 2016 Virginia income tax brackets are released, the brackets used on this page are an estimate based on the previous year s brackets. These numbers are subject to change if new Virginia tax tables are released.
  4. The Virginia income tax estimator tool is provided by Tax-Rates.org .

While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the tax data we present.

This site is a free public service not affiliated with the IRS or any governmental organization.

Hmrc.gov.uk/income tax

** This Document Provided By Tax-Brackets .org **

Income Tax Calculator Download, income tax application.#Income #tax #application

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Income tax application Income Tax Calculator



Income tax application

Income tax application

This is an intuitive and easy to use application whose main purpose is to calculate your taxes with ease based on income and deductions

Income Tax Calculator is a handy and reliable application designed for home users, as well as companies that want to calculate taxes for their income easily.

The calculations are based on a few essential parameters such as taxable income, gross tax and interest. User intervention is required only to input this type of values, as the calculations are performed using the internal engine of the application.

The main window of the application is quite simple and intuitive, providing users with all the necessary fields and tips needed for the task to be carried out. An important thing to mention is that the program s latest version (namely 2013-14) targets calculations for the year 2013 only.

First and foremost, you need to select the due date for the filing return, followed by your status (individual or company), as well as the category (male, female, senior citizen or superior senior citizen).

Then, you are required to enter the taxable income after deductions, the TDS / TCS value and the tax paid in other years. At this point, you are ready to press the Calculate button, following which the application will compute and display the result almost instantly.

If you entered the parameters wrong or just want to clear the calculations, there s the Reset button that turns all values to zero again.

All in all, Income Tax Calculator seems like a reliable way to calculate your taxes. Keep in mind that interest calculations are based on your system time and that some values may be approximated during the computation of the results.

Where Is My Refund Money? What Is My Tax Refund Status, income tax status.#Income #tax

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Tax Refund Status and IRS Tax Refund Dates for 2018

Check Your IRS Federal Tax Refund Status

(Requires Your IRS accepted Tax Return for Tax Year 2016)

Select the Filing Status that

you used on your 2016 Tax Return

Enter the Refund Amount that

is on your 2016 Tax Return

Social Security Number(Show SSN)

For efile.com Users Only: Did You Select e-Collect or Deduct Fee from Refund?

Once the IRS has released your tax refund to our partner bank, your tax refund will be transferred via direct deposit to your bank account.

Tax Refund Date Estimator Tool

Estimate your 2017 Tax Refund Date

2016 Federal / State Tax Return only

Enter your estimated/actual

Select your Tax Refund

call the IRS at 1.800.829.4477

How Do I Receive My Refund Via Direct Deposit?

If you choose to receive your tax refund via direct bank deposit, your expected tax refund will be electronically transferred from the IRS (US Treasury) to the bank account you entered during your online tax return process at efile.com. This transfer is free of charge. Estimated tax refund dates are based on the IRS acceptance date and are not guaranteed by efile.com or the IRS. Depending on IRS security procedures, the tax refund date could take up to 21 days after the IRS tax return acceptance date, or as early as 7 days via the bank direct deposit method.

Will My Refund Be Delayed or Late This Year?

Since the IRS has added security measures for filing 2017 Tax Returns to decrease tax fraud, your refund may be delayed in 2018. The IRS requires online tax websites to add identity verification steps to ensure that the taxpayer filing their return is exactly who they say they are (i.e. security questions/answers, stronger passwords, etc). As a result of these new security measures, the IRS may issue more refunds as paper checks, even if taxpayers requested direct deposit.

If I Claim the Earned Income Credit or Additional Child Tax Credit, Will My Refund Be Delayed?

The IRS is required to not issue entire tax refunds with the Earned Income Credit or Additional Child Tax Credit until February 15, 2018. This is for identity and security reasons to make sure you receive the refund instead of another person committing tax return fraud in your name.

What If My Refund Is Lower Than I Expected?

If you prepared and efiled your tax return on efile.com (or on any online tax site), and the amount of your direct deposit refund is lower than the refund calculated on your tax return, then your refund may have been adjusted, or offset, by the Treasury Offset Program (TOP). The Program is run by the Financial Management Services (FMS). Under TOP, various federal and state government agencies are authorized to seize outstanding federal or state debts from federal tax refunds.

The FMS may offset part or all of your federal tax refund to pay:

  • Unpaid child support
  • Federal non-tax debts (including student loan repayments)
  • State income tax debts
  • State unemployment compensation debts

When Does an Offset Occur and Will It Delay My Refund?

An offset for non-tax debts occur after the IRS verified your refund to FMS for payment, but before FMS direct deposits the refund or mails a paper check to you. Though an offset reduces the amount of your expected refund via direct deposit or check, it does not delay the time you will receive the remaining refund (if any) after the offset.

How Will I Know That My Refund Has Been Offset?

You will receive a notice from FMS via mail. The notice will list the original refund and offset amounts. It will also include the agency that received the offset payment and their contact information.

What Can I Do Before Filing My Tax Return If I Know I Have Past Debt?

If you have non-tax debts, you can contact the agency you owe. That way, you can determine if the agency submitted your debts to TOP for refund offset.

I Don t Believe I Owe the Tax Debt. How Can I Dispute the Offset?

You will need to contact the agency that received the offset part of your refund, not the IRS or FMS. The notice will include instructions on how to contact the appropriate agency or agencies.

Who Can I Contact If I Have Further Questions About My Offset Notice?

You can call the Treasury Offset Program Call Center at (800) 304-3107.

If I m an Injured Spouse, May I Qualify for my Part or All of the Refund?

If you efiled or filed a joint tax return, you may be entitled to part or all of the refund offset. This rule applies if your spouse is mainly responsible for the debt. File Form 8379, Injured Spouse Allocation efile it to request your part of the refund.

When Will I Receive My Tax Refund for An Amended Tax Return?

You should wait three weeks after you mailed your amended return before checking your amended tax return status. The online Where s my refund service does not keep track of amendment refunds, but you can check the IRS Where s My Amended Return tool on the IRS website. This online tool provides the status of amended tax returns for the current year and up to three prior years. Alternatively, you can access the tool via phone by calling 1-866-464-2050.

Amended returns typically take 8-12 weeks for the IRS to process, so you should wait at least 8 weeks before checking on the status of your tax refund. If it has been over 12 weeks since you filed your amendment and you have not received your refund, you should call the IRS at 1-800-829-1040 and speak to a customer service representative. Here s a tip for when you call: Press 1 (for English), press 0 (zero), press 0 (zero), and you should be able to talk to a live person at the IRS. The best time to reach the IRS is between 7-9 AM and 6-7 PM, Monday-Friday.

Income Tax Recruitment 2017, Upcoming 20750 Vacancies Apply Online @, income tax application.#Income #tax #application

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Income Tax Recruitment 2017-2018 | Upcoming 20750 Vacancies Apply Online @ incometaxindia.gov.in

Income Tax Recruitment 2017-2018 Notification along with an Online Application link will be published soon for more than 20750 vacancies of IT Officer, Executive, AO cadre and many other posts to apply at www.incometaxindia.gov.in official website.

The Income Tax Department is getting ready to update a most hopeful job notification for recruiting well qualified and eligible staffs in various vacant posts. As per indicative advertise published in rojgar samachar , there are approx 20750 numbers of empty positions will be released in the Income Tax Recruitment 2017-2018 notice to appoint young Indian nationals. Now, it is a perfect opportunity for all those career-oriented youth who are since a long time searching the latest notification of upcoming jobs in IT Department to secure their future. We are confident about this employment advertisers of graduation based sarkari naukri will empower every intelligent unemployed individual. All the passionate and dynamic contestants who are looking to grab vacancy in income tax department must have an essential qualification for proceeding further. Those candidates who fulfill minimum required criteria of job profile, they can easily use this wonderful chance by applying their application form whose link will be activated in a short period. Check out further more details furnished in following paragraphs.

About Income Tax Department (आयकर विभाग): It is a Central Government agency involved in collecting the tax from the people of India and in charge of monitoring income tax collection. It was established in the year of 1922 by British Empire before Independence of India. It is a responsibility of this department to administer direct taxation acts such as Wealth Tax Act, Gift Tax Act, Expenditure Tax Act, Interest Tax Act and Various Finance Acts passed by Indian Parliament. In Budget sessions, all these acts are passed by ministers. This organization totally functions under the control of Revenue Department, Ministry of Finance. Mrs. Anita Kapoor IRS is a Chairperson of this Government agency. This department is also responsible for enforcing the Double Taxation Avoidance Agreements. Every year, it circulates fresh job opportunities for the candidates who are seeking white collar jobs in India. It’s a dream of every educated person of India to get selected for the various posts published by this department. Now, if you are interested in the latest Aayakar Vibhaag Bharti (आयकर विभाग भरती), then take a look at the remaining part of this article. (Also, check and apply online for ongoing Postal Circle Recruitment 2017-2018 State-wise.)

Income Tax Recruitment 2017-2018 Latest Vacancies Details @www.incometaxindia.gov.in

According to the sources, the board officials are going to hire smart, skillful and positive minded contenders with excellent academic records for 20750 Income Tax Vacancies state wise in upcoming days. So in order to that, they will soon invite online applications for the vacancies of AO cadre, PS Cadre, LDC, Income-tax Officer, Inspector of Income Tax, TA Steno Grade-II, Executive Assistants and Group “C” Posts. The application process will be done through two modes i.e. online and offline depending upon the compatibility of the organization. It is expected that the registration procedures will be started from March or April month. Opening and closing date of IT Dept application form will be intimated in the detailed official notification pdf page. Here all contestants are strictly advised that once registration starts they need to proceed as fast as possible in order to avoid last day heavy rush on the web portal. Appropriate aspirants can apply online for these central govt jobs if they have successfully cleared their 10 th / 12 th / Degree/ Graduation from a recognized educational board or university. Interested candidates can click here on Income Tax Vacancy Apply Online link to start registration process whenever started at the official website.

Income Tax Dept Jobs Notification 2017-18 PDF

Each and every interested job seeker is hereby suggested to understand all the eligibility conditions as listed in Income Tax Department Notification 2017-2018 at the time of applying for posts. As we said that there is massive designations in-process to disclose, so board authority will host Written Test and Interview session under observed administration for appointing quality applicants. Those candidates who do not have a valid email ID or contact numbers are requested to create it because these details will be required at the time of registration. Don t miss this opportunity if you are looking for latest Govt Vacancy after 10th pass to make your career. The possible information about IT Dept jobs vacancies such as education criteria, age limitation, upper age criteria, salary, application/ examination fee, selection method, important dates, “How to Apply Online”, etc. are well prescribed below. (Also, Apply Online for Latest SBI Recruitment 2017-2018 of PO, SO, Clerk and many other jobs opening.)

Check on the Status of Your Tax Refund in Canada, income tax refund.#Income #tax #refund

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Check on Your Tax Refund in Canada

Income tax refund

The Canada Revenue Agency (CRA) does not start processing Canadian income tax returns until the middle of February. No matter how early you file your income tax return, you will not be able to get information on the status of an income tax refund until the middle of March. You should also wait until at least four weeks after you file your return before checking on the status of an income tax refund.

If you file your return after April 15, wait six weeks before checking the status of your return.

Processing Times for Tax Refunds

The length of time it takes the CRA to process your income tax return and refund depends on how and when you file your return.

Processing Times for Paper Returns

Paper returns usually take four to six weeks to process.

For paper tax returns filed before April 15, wait four weeks before you check on your refund.

For paper tax returns filed after April 15, wait six weeks before you check.

Processing Times for Electronic Returns

Electronic (NETFILE or EFILE) returns can take as little as eight business days to be processed. However, you should still wait at least four weeks before you check on your refund.

Tax Returns Selected for Review

Some income tax returns, both paper and electronic, are selected for more detailed tax return reviews by the CRA before they are assessed, as well as afterward.

The CRA may ask you to submit documentation to verify claims you submitted. This is not a tax audit, rather it is part of CRA efforts to identify and clarify common areas of misunderstanding in the Canadian tax system. If your tax return is selected for a review, it will slow down the assessment and any refund.

Information Required to Check on Your Tax Refund

To check on the status of your income tax refund you need to provide the following information:

The month and year of your birth

If you call before May 1, 2015, you need the amount entered as Total Income on line 150 of your income tax return for 2013. If you call after May 1, 2015, you need the amount entered as Total Income on line 150 of your tax return for 2014. (It s just as well to have both handy.)

Check on Your Tax Refund Online

You can check on the status of your income tax refund using the My Account tax service.

In 2015 the Quick Access Service is no longer available from the CRA. You can, however, get immediate access to some of your personal tax information, including the status of your income tax return and refund, by registering for My Account, either by using your existing online banking information or creating a CRA user ID and password. You will be mailed a security code within 5 to 10 days, but you don t need it to access some limited service options. (The security code has an expiry date, so it is a good idea to use it when it arrives, so you won t have to go through the process again when you want to use My Account for another service.)

You will need to provide

  • Your Social Insurance Number
  • Your date of birth
  • Your postal code or ZIP code as appropriate

An amount you entered on your income tax return from either the current tax year or the one before. Have both handy.

Check on Your Tax Refund by Automated Phone Service

You can use the automated Telerefund service on the Tax Information Phone Service (TIPS) to find out if your return has been processed and when to expect your refund cheque.

The TIPS phone number is

The Telerefund service is also available at

Income Tax Refund Status – Tax in India, income tax status.#Income #tax #status

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Tax in India

Post navigation

Once you claim you income tax refund it is important to check its status so that in case there’s a hitch, he problem can be rectified. To find out the status of your refund the website to visit is https://tin.tin.nsdl.com

Before you can check the status of your income tax refund you need to have your Permanent Account Number or PAN with you. On the above website you will enter it in the relevant field. You also need to enter the assessment year. The assessment year can be a bit confusing at times but an example will suffice.

Let’s assume the date of filing your income tax returns was on 31 st July 2014 then the assessment year is 2014/2015. If 31 st July 2015 then the assessment year is 2015/2016. In short it’s the year you filed your return and the year that follows.

Eligibility Rules for Refunds

You are entitled to a refund in the event of excess deduction of income tax. This normally arises when an extra tax deduction occurs at the source by either your bank or your employer. In the case of banks the extra tax could have been deducted on the interest earnings from fixed deposits which have exceeded 10,000 in a given year.

In order to claim a tax refund filing an Income Tax Return is necessary. The date of filing returns is usually July 31 st of every year. Occasionally extensions may be granted.

Checking the status of a refund

It sometimes so happens that you have filed your income tax returns but are yet to get the refund. In such a case the best thing to do before jumping to conclusions is to find out the status of the refund. You can do this online by logging onto the website www.tin-nsdl.com. Alternatively the website www.incometaxindia.gov.in serves the same purpose.

Once you are on the home page you will need to look for a tab labelled Status of Tax Refunds and click on it. Then you will be required to key in your PAN number as well as the assessment year for which you are tracking the refund status. Once you have entered the above details you will get a window displaying the status of your refund, date of refund, a reference number and a mode of payment.

The financial institution responsible for the processing of refunds is the State Bank of India. Taxpayers who have claimed refunds can get paid using two methods – a demand draft/cheque or the electronic clearing system.

For a taxpayer to get their refund paid through the electronic clearing system they will need to have checked this option at the time of filing the income tax returns. They also need to have supplied their communication address, their bank account number and their magnetic ink character recognition code.

The default mode of payment for those who didn’t choose the electronic clearing system is a demand draft or cheque. In this case the taxpayer needs to have supplied their mailing address and their bank account number at the time of filing their income tax returns.

In the event that the refund status shows the funds have been paid but you are yet to receive the money in your bank account, you should get in touch with the State Bank of India or your bank.

Check Status of Income Tax Refund Online, income tax status.#Income #tax #status

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Check Status of Income Tax Refund Online

Your company has deducted more tax on salary or your bank has deducted Tax Deducted at Source (TDS ) at flat rate of 10%. You have even filled your Income tax return online to get your income tax refund and you are eagerly waiting for the income tax refund to be credited in your bank Account.

Tax refunds, whenever applicable, are made in 2 different modes to tax payers: ·

  • RTGS / NEFT: In order to enable direct credit of the refund amount to the bank account of the tax payer, the taxpayer s correct bank A/C (at least 10 digits), MICR/ IFSC code of the bank branch and required communication address is mandatory.
  • Bank Cheque: The standard paper cheques wherever issued require the current bank account number and the correct address of the tax payer as mandatory information.

There are a few facts that one needs to know while checking tax refund status online:

  • The Income tax Department has nominated the State bank of India (SBI) as the refund manger agency for all such transactions. SBI forwards all refund cheques or online transfers.
  • RTGS/ NECS/ ECS transfers are possible only if the 10 digit account number has been correctly provided by the assessee along with the IFSC code of the bank. Otherwise standard cheques or demand drafts will be dispatched to the address provided by the assessee.
  • The online status is updated for viewing only after a period of 10 days after the assessing officer having made the refund either online or by dispatching the cheque.
  • The refund status will be available only if the tax return has been filed correctly and on time and has been received by the department. This is possible only if the assessee has received an acknowledgement form from the department of having received the ITR.
  • Filing Income tax Return online helps in getting faster Income tax refunds. The processing time is considerably less in case of the online system as compared to the traditional paper form filing.

You can now check status of Income tax Refund Online. The Income Tax Department offers an online facility for tracking your Income Tax Refund and its status. Taxpayers can view status of refund 10 days after their refund has been sent.

Just enter your PAN number and Assessment year for which you want to check Income Tax Refund.

State taxes: Pennsylvania, pennsylvania income tax.#Pennsylvania #income #tax

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State taxes: Pennsylvania

The Pennsylvania state income tax rate is currently 3.07%. The local income tax ranges from 1% to nearly 4%. In some municipalities, the Local Earned Income Tax is capped at 2%. More on Pennsylvania taxes can be found in the tabbed pages below.

Personal income tax

Pennsylvania has a flat tax rate of 3.07% on individual income, with no personal exemptions.

Pennsylvania taxes 8 classes of income: (1) compensation; (2) interest; (3) dividends; (4) net profits from the operation of a business, profession or farm; (5) net gains or income from the dispositions of property; (6) net gains or income from rents, royalties, patents and copyrights; (7) income derived through estates or trusts; and (8) gambling and lottery winnings other than Pennsylvania Lottery winnings. A loss in 1 class of income may not offset against income in another class, nor may gains or losses be carried backward or forward from year to year.

Pennsylvanians who live on a modest income may qualify for the state’s tax forgiveness credit.

Pennsylvania tax returns are due April 15, or the next business day if that date falls on a weekend or holiday.

Sales taxes

Pennsylvania imposes a 6% state sales tax on taxable goods and services.

A local sales tax of 1% is collected on sales of taxable goods and services initiated from a location in Allegheny County.

A local sales tax of 2% is collected on sales and services, except hotel rooms, by vendors located in Philadelphia County.

Personal and real property taxes

Pennsylvania does not levy or collect taxes on real estate or personal property. Those taxes are reserved for the local governments: counties, municipalities and school districts. Usually, all 3 districts levy real estate or property taxes, so you will need to know what county, school district and municipality you live in.

Municipalities (cities, townships and boroughs) are permitted to levy real estate property taxes that cannot exceed 30 mills on the assessed value of the property without special permission of the courts.

The Taxpayer Relief Act provides school districts the opportunity to offer lower property taxes to homeowners by implementing an additional earned income and net profits tax or a personal income tax.

The state’s Property Tax/Rent Rebate program is available to qualified seniors and permanently disabled citizens. It is funded by the Pennsylvania Lottery and administered by the Pennsylvania Department of Revenue. The maximum standard rebate for the amount paid in property taxes or rent in the previous year is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975.

Inheritance and estate taxes

Pennsylvania has an inheritance tax. The tax rate varies depending on the relationship of the heir to the decedent, but it could be as high as 15%.

Pennsylvania had an estate tax based on a decedent’s total gross estate and limited to the credit for state death taxes allowed on the federal estate tax return. However, since the federal credit for state estate tax payments has been phased out, the Keystone State’s estate tax is not imposed.

Other Pennsylvania tax facts

Taxpayers can go online to track the status of their refunds.

The state as well as Pennsylvania counties maintain online information about foreclosures and tax liens in their jurisdictions.

For more information, visit the Pennsylvania Department of Revenue’s website. Residents may also contact the automated FACT and Information Line at (888) 728-2937.

To download tax forms on this site, you will need to install a free copy of Adobe Acrobat Reader. Click here for instructions.

Pennsylvania Individual Income Tax, pennsylvania income tax.#Pennsylvania #income #tax

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Pennsylvania Individual Income Tax

Pennsylvania income tax

Individuals in Pennsylvania pay a flat tax of 3.07 percent. This means that in Pennsylvania everyone pays 3.07 percent, no matter how much income they make. However, if your income is low enough, the state will forgive your tax debt, bringing your tax bill to zero.

Pennsylvania does not allow for a standard deduction or a deduction for personal exemptions (dependents). Therefore, the allowed deductions, tax credits, and exclusions from income become all the more important.

What Income Is Taxable?

Pennsylvania assesses tax on the eight classes of income:

  1. Compensation
  2. Interest
  3. Dividends
  4. Net profits from a business, profession, or farm
  5. Net gains from the dispositions of property
  6. Net gains from rents, royalties, patents, and copyrights
  7. Income from estates or trusts
  8. Gambling and lottery winnings other than Pennsylvania Lottery winnings

What Income Is Exempt?

Common income items that are exempt from Pennsylvania income tax include:

  • Capital gains from the sale of a principal residence for those who satisfy ownership and use requirements
  • Personal use of employer-owned property
  • Child support
  • Alimony
  • Social security benefits, public and private pensions, and IRA distributions
  • Worker’s compensation, unemployment benefits, and public assistance
  • Sick pay
  • Inheritances and gifts

For full details on all exempt income items see the instructions to Form PA-40.

What Can I Deduct?

Pennsylvania does not allow many of the deductions that are allowed on your Federal tax return, limiting your deductions to the following three:

  • Employment related expenses that were not reimbursed by your employer are allowed to be deducted from your gross compensation. Pennsylvania requires the costs to be ordinary, necessary, reasonable, and directly related to your occupation. You are allowed to deduct ALL of these costs as Pennsylvania does not impose the Federal limits on this deduction.
    • Medical savings and health savings account contributions are deductible to the extent they are deductible for Federal (IRS) tax purposes. If you received a deduction for these contributions on your Federal return, your Pennsylvania deduction would be the same as your Federal deduction. Your Federal deduction can be found on Line 25 of your Federal Form 1040.
    • 529 college savings account contributions made during the tax year can be deducted up to the limit of $13,000 per beneficiary. This deduction applies to both Pennsylvania 529 plans and out-of-state 529 plans.

    What Tax Credits Are Available?

    Tax credits reduce your tax debt directly, similar to a payment. Pennsylvania offers these credits to individuals:

    • Resident Credit is a credit for gross or net income taxes paid to other states or foreign countries by Pennsylvania residents
    • Tax Forgiveness Credit is a credit extended to taxpayers who are single, married, and/or have dependents and whose income from all sources (including tax exempt items like alimony, child support, social security, etc.) does not exceed certain income limits. Depending on your number of dependents and income you can receive a credit of anywhere from 10 percent to 100 percent your tax liability.

    Filing Your Return

    If you are a Pennsylvania resident, nonresident, or part-year resident, you must file a Pennsylvania tax return if you received over $33 in gross income or you sustained a loss from any transaction as an individual, sole proprietor, partner in a partnership, or Pennsylvania S-corporation shareholder. Forms are available on the Pennsylvania Department of Revenue s Web site. You can also call 1-888-PATAXES to order forms and have them mailed or faxed to you.

    You can choose to mail your return, file over the telephone (Tele-file), fill out and submit your return online, or e-file using tax software such as TurboTax. Tax returns and payment must be postmarked on or before April 15th.