RaifH
Expert Alumni

Investors & landlords

In case you did not see my post on another thread, in PA capital gain distributions from mutual funds are reported as Dividends on Line 3. Capital losses from Line 5 cannot be used to offset them.

 

For more information, see the PA-40 instructions pages 17-18: "Report capital gains distributions received from mutual funds as PA taxable dividend income, even though you report such distributions as capital gains on federal Schedule D."

 

@gangstadt