Pennsylvania Income Tax Rate For 2023
Pennsylvania has one individual income tax bracket with a flat rate of 3.07%. Below you will find 2023 Pennsylvania tax brackets and tax rates for all four PA filing statuses. The Pennsylvania tax rate and tax brackets tabulated below are based on income earned between January 1, 2023 through December 31, 2023. Individual taxpayers will submit both their federal tax forms and state tax forms by April 15, 2024.
The Pennsylvania tax rate and tax brackets are unchanged from last year. The current year 2023 Pennsylvania income tax rate of 3.07% has remained unchanged since 2004. Outlook for the 2024 Pennsylvania income tax rate is to remain unchanged at 3.07%.
Pennsylvania Income Tax Calculation For $70,000 In Wages
- Tax Year: 2023
- Filing Status: Single
- Pennsylvania Tax Rate: 3.07%
- Pennsylvania Income Tax Estimate: $2,149
- Pennsylvania Effective Tax Rate: 3.07%
To simplify and standardize the calculation across states, we assume the taxpayer has only income from Wages, salaries, tips, etc Line 1 on federal Form 1040. Pennsylvania Form PA-40 begins with Gross Compensation which is where we would enter our 2023 wages amount. The state of Pennsylvania does not have a standard deduction or personal exemption. Therefore, we can go ahead and multiply our wages by the 2023 Pennsylvania tax rate of 3.07%.
Pennsylvania Income Tax = $70,000 × 3.07% = $2,149
To calculate the effective income tax rate for the state of Pennsylvania, we simply divide the previously calculated income tax estimate by our initial $70,000 in wages.
Pennsylvania Effective Tax Rate = $2,149 ÷ $70,000 = 3.07%
The actual amount of income tax you will pay in the state of Pennsylvania will vary. Pennsylvania, as with other states, often allow taxpayers to make additions and subtractions to their federal taxable income. Many states also offer credits for families with children, charitable contributions, and environmental initiatives, for example.
Pennsylvania 2023 Income Tax Brackets by Filing Status
Tax Bracket | Tax Rate |
---|---|
$0+ | 3.07% |
Tax Bracket | Tax Rate |
---|---|
$0+ | 3.07% |
Tax Bracket | Tax Rate |
---|---|
$0+ | 3.07% |
Tax Bracket | Tax Rate |
---|---|
$0+ | 3.07% |
Please reference the Pennsylvania tax forms and instructions booklet published by the Pennsylvania Department of Revenue to determine if you owe state income tax or are due a state income tax refund. Pennsylvania tax forms are generally published at the end of each calendar year, which will include any last minute 2023 - 2024 legislative changes to the PA tax rate or tax brackets. The Pennsylvania tax brackets and tax rates calculated on this web page are to be used for illustration purposes only.
Frequently Asked Questions
Which Pennsylvania tax bracket am I in?
In the state of Pennsylvania there is just one personal income tax bracket. Every individual taxpayer is therefore in the same bracket regardless of filing status and amount.
What is the Pennsylvania income tax rate for 2023?
Pennsylvania's 2023 income tax rate is 3.07%.
What is Pennsylvania's marginal tax rate?
The current flat tax rate for Pennsylvania is 3.07%. The Pennsylvania marginal tax rate used in our example calculation above on this page is 3.07%. That is the tax rate applied to each additional dollar of taxable income you earn. Since Pennsylvania is a flat tax rate state, the nominal or official tax rate equals the marginal tax rate.
What is Pennsylvania's effective tax rate?
Pennsylvania's effective tax rate is 3.07%. Effective tax rate equals the total tax paid divided by total taxable income. Find our Pennsylvania tax rate calculations above on this page for more information.
How much state income tax will I pay in Pennsylvania?
The national average adjusted gross income (AGI) reported by the IRS each year is about $70,000. A single Pennsylvania taxpayer with $70,000 in wages would pay approximately $2,149 to the Pennsylvania Department of Revenue. Find our Pennsylvania tax rate calculations above on this page for more information.
Does Pennsylvania have a standard deduction?
No. Pennsylvania does not have a standard deduction for 2023.
Does Pennsylvania have a personal exemption?
No. Pennsylvania does not have a personal exemption for 2023.
Does Pennsylvania have a dependent exemption?
No. Pennsylvania does not have a dependent exemption for 2023.
Is Pennsylvania a flat tax state?
Yes. Pennsylvania's state income tax rate is a flat 3.07% of your taxable income. Regardless of your income level, you will pay the same rate. There are nine flat tax rate states in the United States: Colorado, Illinois, Indiana, Kentucky, Massachusetts, Michigan, North Carolina, Pennsylvania, and Utah
Last updated: November 4, 2023
References:
- Personal Income Tax. Pennsylvania Department of Revenue, Commonwealth of Pennsylvania. Retrieved November 4, 2023.
- Deductions and Credits. Pennsylvania Department of Revenue, Commonwealth of Pennsylvania. Retrieved November 4, 2023.
- The Tax Compendium August 2023 (PDF). Pennsylvania Department of Revenue, Commonwealth of Pennsylvania. Retrieved November 4, 2023.