(1) Interest ? ----This interest is from bank savings account, brokerage Money Market account, for which I receive about $5,000 to about $10,000 annual income. Taxable to PA.
(2) Dividends ? ----This dividends' amount annually is not really predictable, but dividends from stocks, for which I receive is about $2,000 to $20,000 annual income. Taxable to PA.
(3) Capital gains regarding stock/equities investments ? ----This amount annually is not really predictable, but capital gains from stock sales, for which I receive is anywhere between about $0.00 (zero) to $100,000 annual income Taxable to PA.
(4) Charitable Gift Annuity payments related to 2019 donation to 501c3 nonprofit organization ? ----These payments are from a Charitable Gift Annuity, about $250,000 annual income (from two private universities in state of California, for which I’ve made a major donation in 2019 for a Charitable Gift Annuity, which the IRS designates as donations, and for which I receive about $250,000 annual lifetime income).
--- Footnote: In 2021 the IRS notified me of a thorough related audit of my 2019 tax year filing, and the respective TurboTax representation is wonderful and ultimately the IRS concluded all was filed and paid properly and NO additional tax payments or changes needed to be made by for my 2019 tax year filing. Taxable to PA.
(5) Social Security retirement benefit payments to me ? ----Payment from U.S. Social Security Administration retirement benefits, that I began at age 70 years old, for which I receive about $40,000 annual income. See below
(6) Pension payments from California (CalPERS) as a former state university employee in 1990's ? ----These payments are "pension" payments from CalPERS (California state employee retirement program) for the eight years (1995-2003) that I worked as a state/public university professor in California, and these monthly payments from CalPERS total about $40,000 annual income for me. See below
States that may tax retirement income from IRA's, pensions, etc.:
AL, AR, AZ, CA, CO, CT, DE, DC, GA, HI, IA, ID, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, OH, OK, OR, RI, SC, UT, VA, VT, WI, WV,
This is a “general” list. Some of these states have complicated laws that exclude certain types of retirement income, or provide certain income exclusions and age deductions. This list does NOT refer to Social Security benefits.
States that tax Social Security benefits:
CO, CT, KS, MN, MO, MT, NB, NM, ND, RI, UT, VT, WV
These states offer varying degrees of income exemptions, but four mirror the federal tax schedule: MN, ND,VT, and WV
States that do not have state income tax and/or do not tax retirement income:
AK, FL, IL, MS, NV, NH, PA, SD, TN, TX, WA, WY
(7) As I ask this final question, I am asking it in the context of IF I would need not to pay state of Pennsylvania state income tax on any of the six items above: Would I still have to file an annual PA state income tax filing each year ? See previous answers ... if you are a PA resident and have PA income then a PA return will be required.
----Or, would this item be for me living in the state of Pennsylvania, be the same as such residents in Texas, Florida, Nevada, and such, where NO state income tax filing needs to be filed each year? Not the same at all.
