Posted: | February 5, 2021 03:16 PM |
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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