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New Member
posted Jun 7, 2019 5:25:58 PM

I filed my PA state tax returns through Turbotax and I owed $1307 to the state. But my retirement annuities are non taxable in the state of PA. Should I amend?

I think TurboTax made a mistake that cost me hundreds of dollars.

0 3 1782
3 Replies
Level 15
Jun 7, 2019 5:25:59 PM

Your retirement is NOT taxable for PA income tax if you retired AFTER meeting the eligibility requirements for separation from service by retirement based on old age, infirmity, long-continued service, or a combination of old age and infirmity and long continued years of service.
 <a rel="nofollow" target="_blank" href="https://revenue-pa.custhelp.com/app/answers/detail/a_id/364/~/do-i-have-to-pay-pa-income-tax-on-my-retirement-pension-after-i-retire-from-the">https://revenue-pa.custhelp.com/app/answers/detail/a_id/364/~/do-i-have-to-pay-pa-income-tax-on-my-retirement-pension-after-i-retire-from-the</a>

If these are just regular, nonqualified annuities that you purchased from an insurance company, the distributions are taxable.

Level 15
Jun 7, 2019 5:26:01 PM

If you invested in a retirement annuity that is not part of an employer-sponsored program or a commonly recognized retirement program, you do have PA taxable income when you begin receiving annuity payments.

https://revenue-pa.custhelp.com/app/answers/detail/a_id/1470/related/1/session/L2F2LzEvdGltZS8xNTU3O...

New Member
Jun 7, 2019 5:26:02 PM

I did have eligibility and should not have been taxed. How to amend?