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As the April 18 tax deadline nears and state returns are filed, many Pennsylvania taxpayers will likely be — or are already — wondering how long it’ll take to get their refunds this year.
State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. These tax rates vary by state and by entity type. Taxable income conforms closely to federal taxable income in most states with limited modifications. [2]
It also holds and/or invests funds for other government agencies, such as the state pension boards. As of 2014, Treasury is custodian of approximately $100 billion in public assets. [citation needed] PA 529 College Savings Program. The PA 529 College Savings Program gives families a tax-advantaged way to make college possible for their children.
Website. www.revenue.pa.gov. The Pennsylvania Department of Revenue ( DOR) is an agency of the U.S. state of Pennsylvania. The department is responsible for collecting all Pennsylvania taxes, including all corporate taxes and taxes on inheritance, personal income, sales and use, realty transfer, motor fuel, and all other state taxes. [1]
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Pennsylvania taxpayer MUST receive the federal credit in order to be eligible for the newly enhanced state tax credit. Per the Pennsylvania Department of Revenue, the credit ranges from $600 to ...
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