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Screen PAInt - Pennsylvania Interest, Dividend and Gambling (1120)

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Interest and Dividends

Federal exempt interest taxable for Pennsylvania Personal Income Tax: Interest income / … / Business income
The
Class Code
 field in the statement dialog allows for any item to be classified as taxable interest, taxable dividends, and business income. The available class codes are listed in the following table and in the list. To include an item on the state return, enter a code to specify the type of income.
Class Code
Description
Destination
I
Taxable interest
PA Schedule A, line 4 - Federal exempt interest
D
Taxable dividends
PA Schedule B, line 4 - PA exempt dividends
B
Business income
PA Schedule M, Section B, line g

Gambling and Lottery Winnings

Winnings from federal forms W-2G / … / Cost of tickets, bets, and other wagering
The
Class Code
 field in the statement dialog allows any item to be included or excluded in the statement. The available class codes for gambling and lottery winnings are shown in the following table and in the list.
Class Code
Description
Destination
I
In state (default)
PA Schedule T and PA 20S, Page 1, line 8b, Gambling and Lottery Winnings - PA source
O
Out of state
PA Schedule T and PA 20S, Page 1, line 8a, Gambling and Lottery Winnings - Outside Pennsylvania

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