us-pa/statute/act-1971-2/article-3/section-325 — Declarations of Estimated Tax

(a)(1) Every resident and nonresident individual, trust…#

(a) (1) Every resident and nonresident individual, trust and estate shall at the time hereinafter prescribed make a declaration of his or its estimated tax for the taxable year, containing such information as the department may prescribe by regulations, if his or its income, other than from income on which tax is withheld under this article, can reasonably be expected to exceed the following dollar amount for the applicable taxable year: TAXABLE YEAR DOLLAR AMOUNT 2023 and prior $8,000 2024 9,500 2025 11,000 2026 14,000 2027 17,000 2028 20,000

(2) For taxable years beginning after December 31, 2028, the dollar amount under paragraph (1) shall increase annually by five hundred dollars ($500). The department shall submit a notice containing the new dollar amount for the taxable year to the Legislative Reference Bureau for publication in the Pennsylvania Bulletin.

((a) amended Nov. 3, 2022, P.L.1695, No.108)

(b)For the purposes of this article, the term "estimated…#

(b) For the purposes of this article, the term "estimated tax" means the amount which an individual, trust or estate estimates to be his or its tax due under this article for the taxable year, less the amount which he or it estimates to be the sum of any credits allowable against the tax under this article.

(c)A husband and wife may make a joint declaration of…#

(c) A husband and wife may make a joint declaration of estimated tax hereunder as if they were one taxpayer, in which case the liability with respect to the estimated tax shall be joint and several. If a joint declaration is made but husband and wife elect to determine their taxes separately, the estimated tax for such year may be treated as the estimated tax of either husband or wife, or may be divided between them, as they may elect.

(d)Except as hereinafter provided, the date for filing a…#

(d) Except as hereinafter provided, the date for filing a declaration of estimated tax shall depend upon when the resident or nonresident individual, trust or estate determines that his or its income on which no tax has been withheld under this article can reasonably be expected to exceed the dollar amount under subsection (a), as follows: (Intro. par. amended Nov. 3, 2022, P.L.1695, No.108)

(1) If the determination is made on or before April 1 of the taxable year, a declaration of estimated tax shall be filed no later than April 15 of the taxable year.

(2) If the determination is made after April 1 but before June 2 of the taxable year, the declaration shall be filed no later than June 15 of such year.

(3) If the determination is made after June 1 but before September 2 of the taxable year, the declaration shall be filed no later than September 15 of such year.

(4) If the determination is made after September 1 of the taxable year, the declaration shall be filed no later than January 15 of the year succeeding the taxable year.

((d) amended May 12, 1999, P.L.26, No.4)

(e)Notwithstanding subsection (d) of this section, a…#

(e) Notwithstanding subsection (d) of this section, a declaration of estimated tax of an individual having an estimated gross income from farming for the taxable year which is at least two-thirds of his total estimated gross income for the taxable year may be filed at any time on or before January 15 of the succeeding year, but if the farmer files a final return and pays the entire tax by March 1, the return may be considered as his declaration due on or before January 15.

(f)A declaration of estimated tax of an individual, trust…#

(f) A declaration of estimated tax of an individual, trust or estate having a total estimated tax for the taxable year of one hundred dollars ($100) or less may be filed at any time on or before January 15 of the succeeding year under regulations of the department.

(g)An individual, trust or estate may amend a declaration…#

(g) An individual, trust or estate may amend a declaration under regulations of the department.

(h)If on or before January 31 of the year succeeding a…#

(h) If on or before January 31 of the year succeeding a taxable year, an individual, trust or estate files his or its return for the entire taxable year for which a declaration was required to be filed within the time prescribed by subsection (d)(4) of this section and pays therewith the full amount of the tax shown to be due on the return:

(1) Such return shall be considered as his or its declaration which was required to be filed no later than January 15.

(2) Such return shall be considered as the amendment permitted by subsection (g) to be filed on or before January 15 provided the amount of the tax shown on the return is greater than the amount of the estimated tax shown in a declaration previously made.

(i)This article shall apply to a taxable year other than a…#

(i) This article shall apply to a taxable year other than a calendar year by the substitution of the months of such fiscal year for the corresponding months specified in this section.

(j)This article shall apply to an individual, trust or…#

(j) This article shall apply to an individual, trust or estate having a taxable year of less than twelve months in accordance with procedures prescribed in regulations of the department.

(325 amended Aug. 4, 1991, P.L.97, No.22) Compiler's Note: Section 17 of Act 108 of 2022, which amended section 325(a) and (d) intro. par., provided that the amendment of section 325(d) shall apply to taxable years beginning after December 31, 2022. Compiler's Note: Section 32(11) of Act 4 of 1999, which amended section 325(a) and (b), provided that the amendment shall apply to taxable years beginning after December 31, 1999.