pa state tax on dividends and cpital gains from a 1099 consolidated form?

kozlo52 · ‎February 25, 2022

i'm looking to see if the state of pa. taxes dividends and capital gains from a 2021 1099 consolidated from. these dividends and capital gains were not distributed to me as cash for 2021 but is left in the porfolio for futire use.....kozlo52

RobertB4444 · ‎February 27, 2022

Yes, Pennsylvania taxes dividends and capital gains.

Additionally, you should know that even if you leave your dividends and capital gains in the account to be re-invested that that is still money you made. Re-investing the money is just how you spent it.

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View solution in original post

RobertB4444 · ‎February 27, 2022

Yes, Pennsylvania taxes dividends and capital gains.

Additionally, you should know that even if you leave your dividends and capital gains in the account to be re-invested that that is still money you made. Re-investing the money is just how you spent it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

kozlo52 · ‎February 28, 2022

the reply by RobertB4444 did answer my question.....thank you

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pa state tax on dividends and cpital gains from a 1099 consolidated form?