|Posted:||February 5, 2021 03:16 PM|
|From:||Representative David S. Hickernell|
|To:||All House members|
|Subject:||Estimated Payment Threshold for Personal Income Tax (Former HB 780 of 2019-20 Session)|
|I intend to reintroduce legislation to amend the Tax Reform Code to increase from $8,000 to $20,000 the Personal Income Tax threshold whereby a taxpayer is required to make estimated payments.
Under this legislation, a taxpayer receiving income that is not subject to withholding in excess of $20,000 will be required to make estimated payments to the Department of Revenue.
Previous Cosponsors: HICKERNELL, PICKETT, SCHMITT, GREINER, BERNSTINE, STAATS, ZIMMERMAN, B. MILLER, DUNBAR, SAYLOR, RYAN, MENTZER, CIRESI, MARSHALL, JAMES, KEEFER, MILLARD, DeLUCA, MASSER, SAINATO and TOOHIL
Introduced as HB1059