I turned age 65 and retired in 2018. I took a total disbursement from my company sponsored profit sharing plan, which was reported to me on 1099-R. Is this income reportable in Pennsylvania?
It is reportable income in Pennsylvania. However, if box 7 of your 1099-R has the code 7 or 4, it is not taxable income on your Pennsylvania return. If your 1099-R has a code of 1 or 2, then it may be taxable to the extent that the distributions exceed your basis in your retirement plan.
Please view the Pennsylvania link below for more information.