Am I calculating Pennsylvania Income Tax correctly?
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For my disabled brother (age 61 in 2009):
Social Security Benefits $14,969.
Medicare Part B premiums $1,157.
Interest income $11
Dividends $1,445 ($471 in qualfied dividends)
Other income $139
On the tax software, coming up with tax of $46. Is this about right?
The problem is that someone else prepared my bother’s tax return for 2008, and they came up with zero Pennsylvania tax with similar numbers. Am I missing something, or did they do it wrong for 2008. (Unfortunately, nobody seems to have a copy of the 2008 returns).
July 26th, 2010 at 7:29 am
The deductions you list have nothing to do with his state income tax. PA doesn’t tax income of SS or pension, although the ‘other income’ IS most likely PA taxable – without knowing what it is though, can’t even say that for sure. If he won it on the PA lottery it wouldn’t be. The interest and dividend income are taxable for PA, unless the interest is from US savings bonds, that wouldn’t be PA taxable.
If his total reportable income for PA is small, he’s very likely eligible for tax forgiveness – you need PA form SP for that. It could very possibly take his PA tax to zero. That’s probably what you’re leaving out.
If you post again with any other INCOME amounts and what they’re for, someone can help you.
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