Questions tagged [pennsylvania]

Use this tag for questions related to rules and experiences specific to the State of Pennsylvania in the United States.

Use this tag for questions related to rules and experiences specific to the State of Pennsylvania in the United States. This will include questions about tax laws of the state.

65 questions
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What can my relatives do to minimize their out of pocket expenses on their fathers estate

I live in Florida with my wife; she has a brother and sister who both live in Georgia. We have some questions about the estate of their father who used to live in Pennsylvania but passed away just before Christmas. Their father had a will in which…
user24155
21
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6 answers

Landlord making up charges

We recently moved out of an apartment. Our lease term was completed with no dues on utilities etc. I was never late on paying rent etc. The lease was ending on Feb-27th, but we returned keys on Feb-24th. Landlord has sent a bill that has a line item…
NRJ
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Tax benefits of recycling

Today I spent 15 minutes of my time to drop off burnt-out incandescent light bulbs at the only place in town that accepts them. I was charged $1/bulb for helping the planet. The cashier told me to keep my receipt for "tax purposes", but was unable…
Boris Bukh
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Can I take out a loan and pay it back immediately to avoid interest?

Ignoring why I would do so, I am wondering if it is possible to take out a personal loan (at, say, ~6% annual interest) and then pay back the principal + any interest back within a short time (within a month)? Basically, do loans allow for…
Runeaway3
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How should I choose a Financial Planner/Advisor?

I don’t feel like I know enough to put my money in the right places to make the most of it. I’d like to see a financial planner for help. I’ve searched on the Internet and there are several near me that get good reviews so I don’t know who to…
Rich
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In the donut hole of assistance, Should I buy a home?

I heard that there are a ton of credits and assistance for my county/state for first time home buyers, so I started to casually look at the assistance programs. Unfortunately, because I would be living with my (unmarried) partner, we make barely…
11
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Do capital gains taxes need to be paid throughout the year to avoid underpayment of estimated tax penalty?

I made a decent amount in short-term capital gains in 2020. As I was filing my taxes this year, Turbotax informed me that I needed to pay a penalty for underpayment of estimated tax. I don't totally understand this. Is the reason for this that I…
Runeaway3
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Will a divorce affect my co-signed vehicle?

Not sure if this question should be here or in the law exchange, but basically my dad cosigned my car loan for the purposes of rate reduction (as I had virtually no credit history at the time). My dad didn't put any money down, doesn't pay for any…
Runeaway3
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Where do you pay state tax if you live in NC and work 100% remotely for place in PA?

We relocated from PA to NC, but I will work 100% remotely for a company branch located in PA. My tax withholding were adjusted so that $0 goes to PA and appropriate amount goes to NC. I found conflicting information on the internet. Some articles…
varm
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Can a check used for medical expenses be written off if it is written in the current year and clears in the following year?

I am considering writing a check to pay off my braces all at once since it is an amount larger than 7.5% of my income. However it is getting very close to the end of the year; if I write the check in 2010, and the check clears in 2011; will the…
leeand00
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$65000/year or $2500 every two weeks: If I claim 3 exemptions instead of zero, how much would my take home pay be?

I live in Pennsylvania. They take out about $750 per paycheck as of right now. I recently changed the allowances that I had from 0 to 3. It had no effect whatsoever on my take home pay. And I had 0 allowances last year as well, and I ended up…
SoftwareSavant
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What is the age at which pensions are no longer taxed in Pennsylvania?

I have a pension from Lockheed Martin that I started receiving when I was 59. I am now 63, and they are still taking PA taxes out, even though, according to my understanding, the rule is that pension received after "normal retirement age" are not…
user70438
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Tax filing for two states and becoming married mid-year

I moved from VA to PA in late May 2010. I continued working for the same company and got a raise during the move. I also became married in mid June 2010. I have to file state tax returns in both states this year. Personally, I earned about 1/3rd of…
UserIsMe
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Does unemployment compensation count as AGI?

Does unemployment compensation count as part of your Annual Gross Income? (This is related to my other question about writing off getting braces on my taxes)
leeand00
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Should I pay off my braces all at once so that I can write them off this year as a health expense?

Should I pay off my braces all at once so that I can write them off this year as a health expense? Or should I pay off my braces over the long haul? P.S. I live in Pennsylvania.
leeand00
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