Pennsylvania HB1124 amends the definition of "income" in the Taxpayer Relief Act to include various income sources for senior citizens property tax.
Pennsylvania HB1124 amends the definition of "income" in the Taxpayer Relief Act to include all income from whatever source derived, such as salaries, wages, bonuses, commissions, pensions, annuities, Social Security benefits, unemployment benefits, interest, capital gains, workers' compensation, and more. The bill also specifies that certain benefits will be counted at different rates depending on the calendar year.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.