I received a 1099-R with code 7 (normal distribution) from my 401K (not an IRA). It was the RMD with taxes withheld Is this income taxable in Pennsylvania or do I say it is a qualified plan and TP is qualified and it would be nontaxable for this state?
You'll need to sign in or create an account to connect with an expert.
No, at the state level, 401k distributions are generally not taxable in Pennsylvania. It only taxable on the Federal level.
No, at the state level, 401k distributions are generally not taxable in Pennsylvania. It only taxable on the Federal level.
How can I show that my pension is not taxable in PA?
Please check Vanessa's answer to exclude your pension from PA taxable income.
PA State doesn't tax pension income you receive from an eligible employer-sponsored retirement plan (except if you retire early).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Andy_W
Level 1
ED001
Level 1
valleybuy
Level 3
calderad07
Level 1
Tax_payer03
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.