Philadelphia requires a school income tax to be paid for unearned income such as stock dividends. If those dividends are generated within a Roth IRA or Traditional IRA can they be excluded as income?
You'll need to sign in or create an account to connect with an expert.
TT does not support the Philadelphia School Tax, so please contact the Philadelphia tax authorities.
you don't get a 1099-DIV for IRAs, and that is how it is excluded.
Of course. I read to much into it. Thanks.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
pfh911
Returning Member
jason805sm
New Member
in Education
valeriepowell29
New Member
viac
New Member
Pleasehelp5
New Member