2020 ProSeries/Pennsylvania Readme

Release 2020.400

Contents

Items addressed in this release

Items addressed in previous releases

What's new for ProSeries/Pennsylvania

Forms

Additional Information

Electronic filing

Items addressed in this release

• Error check enhancements

Items addressed in previous releases

• Schedule D - various improvements to allocate gains and losses.

What's new for ProSeries/Pennsylvania

The following items are new for tax year 2020:

• Tax Rate The state income tax rate is 3.07 percent
• Veterans' Trust Fund Taxpayers may now donate all or a portion of their refund to this fund
• Country Code A three-digit abbreviation country code has been added to the name and address section of the PA-40
• Schedule W-2S This schedule has been eliminated this tax year
• Beginning Farmers Tax Credit This new credit is claimed on the Schedule OC
• PTIN Requirement For tax years beginning on or after January 1, 2020, paid tax return preparers are now required under Act 13 of 2019 to provide their PTIN on the PA-40 return.
• BIRT Filing Requirement BIRT returns with taxable gross receipts of $100,000 or less owe no BIRT and are not required to file the BIRT return. If a choice is made not to file the BIRT return due to this new exclusion a BIR NTL (No Tax Liability) Form should be filed.

Forms

The Pennsylvania Department of Revenue has approved for filing all forms and schedules included in ProSeries/Pennsylvania for efiling.

Additional information

Check all returns after printing

The Pennsylvania Department of Revenue scans computer-generated forms to quickly process the income tax returns it receives. To meet the requirements for producing computer-generated forms, ProSeries is required to limit the width of the tax information printed on forms that are scanned. In certain cases, data you entered may be truncated. After completing a tax return, review the information that prints (for example, mailing address information), make any necessary changes, and reprint the return before mailing it.

Electronic filing

You can file returns electronically with this version of ProSeries/Pennsylvania.

General information for electronic filing:

ProSeries does not currently support "state-only" filing for Pennsylvania. This means that if you want to file the Pennsylvania return electronically with ProSeries, you must electronically file the federal return at the same time.

For a list of forms that can be e-filed, go to the What's New for Pennsylvania in Help Center.

End of ReadMe file for ProSeries/Pennsylvania