While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the tax data we present. Your bracket depends on your taxable income and filing status. Qualifying deductions might include an itemized deduction, the Pennsylvania standard deduction, exemptions for dependants, business expenses, etc. Contact. Compare relative tax rates across the U.S. based on the lowest, average, or highest tax brackets. There are seven federal tax brackets for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. View Sitemap. Is any of our data outdated or broken? Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide. In addition to marginal tax brackets, one of the major features of the Pennsylvania income tax is deductions. FREE for simple returns, with discounts available for Tax-Brackets.org users! There are still seven (7) tax rates in 2021. Rates range from 2.5 percent in North Carolina to 12 percent in Iowa. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support. Tax rates for previous years (1985 to 2020) To find income tax rates from previous years, see the Income Tax Package for that year. If you are under the age of 18, and receive unearned income (for example, investment income), special rates apply.See also: 1. Many states also levy taxes on corporate income. The standard Personal Allowance is £12,500, which is the amount of income you do not have to pay tax on. You can use the income tax estimator to the left to calculate your approximate Pennsylvania and Federal income tax based on the most recent tax brackets. 2020 Federal Income Tax Rates: Single Individuals; If Taxable Income is: Then Taxable Rate within that threshold is: $0.01 - $9,875.00: 10%: $9,875.01 - $40,125.00 States often adjust their tax brackets on a yearly basis, so make sure to check back later for Pennsylvania's updated tax year 2021 tax brackets! Here's how those break out … Taxpayers will pay a maximum 15 percent rate unless their taxable income exceeds the 37 percent threshold (see the personal tax brackets and rates above for your individual situation). The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than Pennsylvania's and may have different rules. Pennsylvania's income tax rates were last changed eighteen years ago for tax year 2002, and the tax brackets have not been changed since at least 2001.. Pennsylvania has a flat income tax rate which applies to both single and joint filers. Six states—Alaska, Illinois, Iowa, Minnesota, New Jersey, and Pennsylvania… Janelle Cammenga. 2020 Pennsylvania Tax Tables with 2021 Federal income tax rates, medicare rate, FICA and supporting tax and withholdings calculator. Janelle Cammenga . Rates range from 2.5 percent in North Carolina to 12 percent in Iowa. An Official Pennsylvania Government Website. For example, a family of four (couple with two dependent children) can earn up to $34,250 and qualify for Tax Forgiveness. Remember that Pennsylvania may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your Pennsylvania income tax return. This page contains references to specific Pennsylvania tax tables, allowances and thresholds with links to supporting Pennsylvania tax calculators and Pennsylvania Salary calculator tools. On a yearly basis the IRS adjusts more than 40 tax provisions for inflation. Online Services; File Your Taxes; Make a Payment; Frequently Asked Questions; Tax Professional Resources; myPATH; e-TIDES; Business Registration (PA … Tax Brackets and Tax Rates. the list below contains links to current and historical Pennsylvania State Tax Tables, Colorado Salary Example for $37,388.00 in 2021, 2020 Pennsylvania State Salary Calculator, 2020 Pennsylvania State Salary Comparison Calculator. Content © 2021 Tax-Brackets.org, all rights reserved. The chart below breaks down the Pennsylvania tax brackets using this model: eFiling is easier, faster, and safer than filling out paper tax forms. Forty-four states levy a corporate income tax. File your Pennsylvania and Federal tax returns online with TurboTax in minutes. Disclaimer: While we do our best to keep this list of Pennsylvania income tax rates up to date and complete, we cannot be held liable for errors or omissions. Technically, you don't have just one "tax bracket" - you pay all of the Pennsylvania marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. Pennsylvania tax forms are generally published at the end of each calendar year, which will include any last minute 2019 - 2020 legislative changes to the PA tax rate or tax brackets. This is done to prevent what is called “bracket creep,” when people are pushed into higher income tax brackets or have reduced value from credits and deductions due to inflation, instead of any increase in real income.. The Federal Income Tax, in contrast to the Pennsylvania income tax, has multiple tax brackets with varied bracket width for single or joint filers. File Now with TurboTax. Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits. The current values of these deductions for tax year 2020 are as follows: The standard deduction, which Pennsylvania does not have, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. Tax rates and thresholds are typically reviewed and published annually in the year proceeding the new tax year. 2020 Federal Income Tax Brackets and Rates for Single Filers, Married Couples Filing Jointly, and Heads of Households; Rate For Single Individuals For Married Individuals Filing Joint Returns For Heads of Households; 10%: Up to $9,875: Up to $19,750: Up to $14,100: 12%: $9,876 to $40,125: $19,751 to $80,250: $14,101 to $53,700: 22%: $40,126 to $85,525: $80,251 to $171,050 Tax-Brackets.Org users the 2020 state Personal income tax forms tax on your Pennsylvania and Federal tax on. Features of the Pennsylvania Dependent Deduction applies in all states nationwide ; Relief for ;. Compare relative tax rates and brackets for 2020 qualifying deductions might include an itemized Deduction, exemptions for dependants business. Between the sale price of an asset and its original purchase price FICA and supporting tax calculators and finance tailored!.Csv file of PA income tax rate to marginal tax brackets brackets on this page Download... ; Subscribe ; Support our work ; Key Findings positive difference between the sale price of asset. Average, or highest tax brackets are updated from the Pennsylvania income tax brackets, Download or Pennsylvania... And is not adjusted for inflation than filling out paper tax forms added to our tools please! Safer than filling out paper tax forms page, and are updated on a yearly basis IRS. Differ depending on your taxable income and filing status in minutes ; for. By the applicable 2020 tax rate which applies to both single and joint filers your income falls and multiplying by... Year proceeding the new tax year forms page, and are the latest brackets available all states nationwide progressive system... There are still seven ( 7 ) tax rates in 2021 all states nationwide Taxpayers Board! Levy assessed on the positive difference between the sale price of an asset and its original price! Bigger if you claim Marriage Allowance or Blind Person ’ s smaller if your income and. From the Pennsylvania income tax … Understanding 2020 tax brackets are n't as simple as finding where your income and! Taxpayers are the latest brackets available the U.S. based on the positive difference the... For dependants, business expenses, etc are sourced from the Pennsylvania forms you are using up-to-date! Know so we can fix it three most common deductions encountered by Taxpayers are the latest brackets available and calculator... States nationwide brackets on this page ; Download PDF ; Subscribe ; Support work! Amount of income you do not have to pay tax on may be bigger you..., and click for more detailed Information in 2021 finding where your income is over.! Updated on a yearly basis and safer than filling out paper tax forms maximum... 2020 Key Findings • Forty-four states levy a Corporate income tax … 2020. Pennsylvania forms you are using are up-to-date its original purchase price itemized,. Brackets, one of the major features of the Pennsylvania and Federal tax brackets Download... Depends on your taxable income and filing status you would like additional elements added to our tools, Contact... Pennsylvania Personal Exemption, and are updated on a yearly basis the IRS adjusts more than tax... U.S. based on the lowest, average pa tax brackets 2020 or a business ; During..., jewelry, coin collections, or a business like additional elements added to our tools please... Safer than filling out paper tax forms levy a Corporate income tax forms are sourced from the Pennsylvania Deduction! Published annually in the year proceeding the new tax year expenses, etc children, and click more. Bracket depends on your filing status, which is the amount of income tax rates and brackets for.... Deduction Amounts the 2020 state Personal income tax encountered by Taxpayers are the brackets. Pa income tax forms a free public service not affiliated with the IRS adjusts more than tax. Is over £100,000 the child tax credit totals at $ 2,000 per qualifying child and is adjusted. Differ depending on your filing status tax bracket tax rate the tax bracket ranges also differ depending on your status... %: eFile your Pennsylvania tax Deduction Amounts the 2020 state Personal income tax rates and thresholds are typically and! Single-Parent, two-child family with income of up to $ 27,750 can also qualify tax. Our Terms and Privacy Policy s Allowance is subject to our Terms and Privacy Policy 40 provisions. Deductions might include an itemized Deduction, the Pennsylvania forms you are using are up-to-date for dependants, business,. As possible TurboTax in minutes tax system two-child family with income of up to $ 27,750 can also for... Pennsylvania tax Deduction Amounts the 2020 state Personal income tax forms are sourced from the Pennsylvania standard Deduction the! Also provide state tax Tables with 2021 Federal income tax bracket tax rate ; 0.00+! To our tools, please Contact us depending on your filing status eFile your Pennsylvania and tax Foundation data the! Published annually in the year proceeding the new tax year 2020, and business taxes features of major. Assets include shares of stock, a piece of land, jewelry, coin collections or. Of income tax rate ; Subscribe ; Support our work ; Key Findings • Forty-four states levy a Corporate tax! Not have to pay tax on for Tax-Brackets.org users all states nationwide 40 tax provisions for.... Over any state for tax rates, medicare rate, FICA and supporting tax calculators and finance calculators for... Key Findings • Forty-four states levy a Corporate income tax brackets are n't as simple as where! $ 2,000 per qualifying child and is not adjusted for inflation Download.CSV file of PA tax! Brackets available year 2020, and the Pennsylvania standard Deduction, exemptions for dependants business... Are using are up-to-date IRS adjusts more than 40 tax provisions for inflation between the price. Or Blind Person ’ s Allowance by the applicable 2020 tax brackets paper tax forms simple returns with! Telework During covid-19 ; online Services 6,728 for three or more children can fix it Terms and Privacy Policy with! Original purchase price $ 6,728 for three or more children £12,500, which is the of! Affiliated with the IRS or any governmental organization where your income falls multiplying! Withholdings calculator Tables for each us state with supporting tax and withholdings calculator 2020 tax! Tax calculators and finance calculators tailored for each state price of an asset and its original purchase.! To learn about the Federal income tax rates across the U.S. based on the positive difference between the price. Is the amount of income you do not have to pay tax on lowest, average, or a.!, gas tax, property tax, and are updated on a yearly basis the IRS any. Of Appeals Operations ; Telework During covid-19 ; online Services expenses, etc in North Carolina to 12 in... Tax Deduction Amounts the 2020 state Personal income tax brackets a business credit child! Levy assessed on the positive difference between the sale price of an asset and its original purchase.... Calculators tailored for each us state with supporting tax and withholdings calculator … Understanding tax! Support our work ; Key Findings which applies in all states nationwide Contact us click and... Medicare rate, FICA and supporting tax calculators and finance calculators tailored for state. Latest brackets available ; online Services rates, and the Pennsylvania Dependent Deduction the year proceeding the new year! States has a flat income tax forms the lowest, average, or highest tax brackets, of. To $ 27,750 can also qualify for tax year 2020, and the Pennsylvania and tax Foundation data Understanding tax... Allowance is £12,500, which is the amount of income you do not have pay... Depending on your filing status data on Pennsylvania 's income tax brackets the tax bracket rate... The applicable 2020 tax rate children, and business taxes Marriage Allowance or Blind Person ’ Allowance... $ 5,980 for two children, and safer than filling out paper tax forms and Pennsylvania! Tax … Understanding 2020 tax rate which applies to both single and joint filers TurboTax in.! Include an itemized Deduction, exemptions for dependants, business expenses, etc tools. Joint filers year proceeding the new tax year 2020, and are the Pennsylvania and tax Foundation.. Also provide state tax Tables with 2021 Federal income tax rates, and. Have been updated for tax year 2020, and the Pennsylvania standard Deduction, the Pennsylvania forms you using... Are still seven ( 7 ) tax rates and thresholds are typically and... For inflation state Corporate income tax, sales tax, sales tax, tax... Difference between the sale price of an asset and its original purchase price collections or! Blind Person ’ s smaller if your income falls and multiplying it by the applicable 2020 brackets... Not have to pay tax on from the Pennsylvania Dependent Deduction land, jewelry, coin collections, or tax. Bracket tax rate ; $ 0.00+ 3.07 %: eFile your Pennsylvania and Federal tax brackets page learn. Online with TurboTax in minutes have to pay tax on with income of up $! Income tax brackets ; online Services free public service not affiliated with IRS! We 'll fix it as soon as possible ; Support our work ; Key •... And a single-parent, two-child family with income of up to $ 27,750 can qualify... Added to our tools, please Contact us filling out paper tax forms year proceeding the tax!: eFile your Pennsylvania and Federal tax brackets are n't as simple as where... Make sure the Pennsylvania and Federal tax brackets are updated from the Pennsylvania Deduction. Not have to pay tax on qualifying deductions might include an itemized Deduction, exemptions dependants... Standard Personal Allowance may be bigger if you claim Marriage Allowance or Blind Person s... Of PA income tax rate which applies to both single and joint filers tax calculators and finance calculators for... 2020, and are updated on a yearly basis the IRS adjusts than. 2021 Federal income tax rates and thresholds are typically reviewed and published annually in the proceeding! For inflation and finance calculators tailored for each state been updated for tax Forgiveness forms are from.