Pennsylvania SB821 provides a $500 tax credit for Pennsylvania National Guard members with two years of service.
Pennsylvania SB821 amends the Tax Reform Code of 1971 to create a tax credit for Pennsylvania National Guard members. To qualify, a member must be a Pennsylvania resident, have at least two years of service by December 31 of the taxable year, and be an active member when filing the tax return. The credit can be applied to the spouse's tax liability if filing jointly. The Department of Revenue will adopt guidelines for the credit's administration and must report annually to specified legislative committees. The act takes effect immediately.
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