Pennsylvania SB392 amends personal income tax to allow deduction of real property taxes exceeding federal limits.
Pennsylvania SB392 amends the Tax Reform Code of 1971 to allow taxpayers to deduct real property taxes exceeding the federal deduction limit on their state personal income tax returns. This deduction applies to taxes paid on a homestead, defined as the primary residence and associated land, and does not reduce taxable income below zero. The change takes effect for taxable years beginning after December 31, 2025.
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