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February 16, 2020
Question

Why when I earned 2000 in Pennsylvania sold stock of 9000 am a student and resident of nys why am itaxed in pa and nys

  • February 16, 2020
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1 reply

February 16, 2020

generally, resident states tax their residents on all their income whether it is earned in that state or some other.  in addition PA  maybe taxing you on the PA income you earned.  on the NYS return, there should be a credit for some or all of the PA taxes you paid so you don't end up paying the full amount to both states.  for it to work right you must do your nonresident state first