Philadelphia Earned Income Tax Rate Earnings Tax employees Due date Quarterly plus an annual reconciliation For specific deadlines see important dates below Tax rate 3 75 for residents and 3 44 for non residents To complete quarterly returns and payments for
The City of Philadelphia is decreasing its Wage Tax and Earnings Tax rates for resident and non resident taxpayers as of July 1 2021 Here are the new rates The new Wage Tax rate for residents is 3 8398 The Earnings Tax rate for residents is also decreasing from 3 8712 to 3 8398 Residents of Philadelphia pay a flat city income tax of 3 93 on earned income in addition to the Pennsylvania income tax and the Federal income tax Nonresidents who work in Philadelphia pay a local income tax of 3 50 which is 0 43 lower than the local income tax paid by residents
Philadelphia Earned Income Tax Rate
Philadelphia Earned Income Tax Rate
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Many cities in Pennsylvania collect a Local Earned Income Tax which is typically 1 but can be as high as almost 3 9 In smaller municipalities this tax is capped by state law at 2 However in many larger cities including Pittsburgh and Philadelphia you ll encounter higher rates Residents The earned income tax rate for residents of Philadelphia is 3 75 This means that residents who earn income within the city are taxed at this rate on their gross earnings Non Residents Non residents who work in Philadelphia but live outside the city are subject to a slightly lower tax rate of 3 44
All Philadelphia residents owe the City Wage Tax regardless of where they work Non residents who work in Philadelphia must also pay the Wage Tax Effective July 1 2021 the rate for residents is 3 8398 percent and the rate for non residents is 3 4481 percent Current Tax Rates For detailed and historic tax information please see the Tax Compendium
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Pennsylvania will tax paychecks at a flat state income tax rate of 3 07 Depending on your location some cities have local income taxes There is also a 0 07 State Unemployment Insurance payroll tax for income up to 10 000 The City of Philadelphia has announced reduced tax rates for its School Income Tax SIT Changes to the Wage and Earnings tax rates become effective July 1 2022 The new NPT and SIT rates are applicable to income earned in Tax Year 2022 for returns due and taxes owed in 2023
Employers with worksites located in Pennsylvania are required to withhold and remit the local Earned Income Tax EIT and Local Services Tax LST on behalf of their employees working in PA This analysis focused on four of the biggest local taxes imposed on residents a 3 79 city tax on wages a 1 3998 tax on real estate the 2 local portion of the sales tax and a 3 79 school tax on unearned income such as dividends some forms of interest and rent received by landlords
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https://www.phila.gov › ... › earnings-tax-employees
Earnings Tax employees Due date Quarterly plus an annual reconciliation For specific deadlines see important dates below Tax rate 3 75 for residents and 3 44 for non residents To complete quarterly returns and payments for
https://www.phila.gov
The City of Philadelphia is decreasing its Wage Tax and Earnings Tax rates for resident and non resident taxpayers as of July 1 2021 Here are the new rates The new Wage Tax rate for residents is 3 8398 The Earnings Tax rate for residents is also decreasing from 3 8712 to 3 8398
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Philadelphia Earned Income Tax Rate - All Philadelphia residents owe the City Wage Tax regardless of where they work Non residents who work in Philadelphia must also pay the Wage Tax Effective July 1 2021 the rate for residents is 3 8398 percent and the rate for non residents is 3 4481 percent
