IRS interest on a refund. Is it taxable in PA?

Wolfwoman · ‎March 3, 2021

The IRS sent me interest based on a refund that took time to send to me. Is this interest taxable in PA?

npierson7 · ‎March 3, 2021

Yes, that's correct. Us Savings Bond isn't taxable in PA, however IRS interest on tax refund is taxable on both, federal and state level.

MinhT1 · ‎March 3, 2021

Yes. The interest you received from the IRS is taxable both at the Federal and state levels.

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Wolfwoman · ‎March 3, 2021

PA does not tax US Savings Bond interest only?

npierson7 · ‎March 3, 2021

Yes, that's correct. Us Savings Bond isn't taxable in PA, however IRS interest on tax refund is taxable on both, federal and state level.

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