What is lst on pa w2

The box is asking me to "review the drop down menu below to see if any of the categories match the dollar amount in box 14 of your W-2" I"m not sure if the letters next to the totals explain what categories I should be choosing. Thus it is not a deductible local income tax. However, with the tax reforms, one can no longer claim unreimbursed business expenses, thus, this tax is not deductible at all.

View solution in original post. Since the LST is not a deductible tax, then you would use the category of Other, so TurboTax will not do anything with it as it should not. Why sign in to the Community? Translate Disclaimer. Translate Documents. Toggle navigation. Your browser does not have JavaScript enabled. This site requires JavaScript for some of its features and navigation.

Please enable JavaScript in your browser settings. Click here to search Google for instructions. The official text is the English version of these tax forms. Any discrepancies or differences created in the translation are not binding and have no legal effect for compliance or enforcement purposes. If any questions arise related to the accuracy of the information contained in the translated document s , refer to the English version of the tax form s which is the official version.

The selected form will be translated to the language you chose. Please be sure to convert the form back to English before printing the form. The tax assessed on each employee for a payroll period is calculated by dividing the total rate of the LST by the number of payroll periods established by the employer for the calendar year. When calculating the prorated share, employers are required to round down to the penny.

You are required to include a list of individual employees and their social security numbers with your quarterly return. If you report your business earnings as a profit or loss on a Schedule with the Federal or State Governments i.

If you are issued a W-2 for business earnings, you should not file the LST Please be advised that the same income exemption may not apply for the school district portion of the tax and may result in a reduced refund. Employees must file an annual exemption certificate to receive the exemption request. Please be advised that the school district portion may not have an earnings exemption or may be less than the municipal exemption in which this portion of the tax may still be due.

If no exemption request is submitted and the employee does not meet the exemption amount by the end of the year, a refund request may be submitted by the taxpayer.