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Pa Income Tax Return Form

Pa Income Tax Return Form

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Video instructions and help with filling out and completing Pa Income Tax Return Form

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Instructions and help about pa earned income tax return

[Music] okay we are going to do a state income tax calculation for the state of Pennsylvania we're going to use a example salary of a hundred thousand dollars to see what that state income tax calculation looks like so we're going to copy that 100 000 straight in again salary 100 000. standard deduction now you'll notice Pennsylvania has no standard deduction Pennsylvania is a flat tax state they charge the same amount of tax regardless of salary so difference to our federal system which is bracketed this one just has the same tax rate for every single citizen in Pennsylvania so no standard deduction you are going to pay taxes on your full income so there's only one bracket which is great all of our income is taxable so a hundred thousand and it's going to hold an infinite amount of money so whatever you make over zero is going in here so we're going to tax the full one hundred thousand dollars at a rate of 3.07 so that's 0.0307 as a decimal so take the percentage divided by a hundred

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