turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ejchosky
New Member

PA State tax on federal savings bonds

I am preparing my federal and state taxes on TurboTax.  It is showing taxed owed on the state of Pennsylvania.  Correct tax was withheld from our w-2's     It could only be due to savings bond interest entered from a 1099-INT or Social Security, both of which are NOT taxable in my state.  

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

6 Replies
AmyC
Expert Alumni

PA State tax on federal savings bonds

The PA forms you need all look available. There is an active issue with Social Security entry. I believe you may have been caught in that issue. I have availability dates expected for state forms but not for technical support. Please give the programmers a day or two to work on things.

 

If you will please double check there are no other PA forms affecting you.

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

PA State tax on federal savings bonds

I have spoken to PA Dept of Rev - I just need my TTax to understand!  

ejchosky
New Member

PA State tax on federal savings bonds

There are entries that I have not yet entered, but the amount is exactly what would be due for the interest income received from the savings bond

ejchosky
New Member

PA State tax on federal savings bonds

It gives me the option to adjust the income interest for PA Purposes, but I do not know how to go about that.  The adjusted amount requires a positive number and it gives me choices of OID adjustment, accrued interest, nominee distribution, us savings bond previously reported or other adjustment.  What figure would I have to enter in the box to remove the tax?

ejchosky
New Member

PA State tax on federal savings bonds

ok - sorry for all these messages.  put in the full amount, noted other adjustment - it took me to $0 owed.  DONE!

AmyC
Expert Alumni

PA State tax on federal savings bonds

I am so glad you were able to make it through! Congratulations and thank you for your information.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question