A nonresident’s “retirement income” as defined at 4 U.S.C. §114 is not allocable to Pennsylvania if it is part of a series of substantially equal periodic payments made not less frequently than annually for the life or life expectancy of the recipient (or the joint lives or joint life expectancies of the recipient and the designated beneficiary of the recipient), or a period of not less than 10 years.

← Payment Accrual Period Explained Cancellation of Debt Income for Pennsylvania Personal Income Tax →