Pennsylvania BFR Grants Taxpayers’ Income Tax Credit Adjustment Appeal

The Pennsylvania Board of Finance and Revenue (BFR) granted the taxpayers’ petition for review of their 2023 personal income tax assessment. The taxpayers had filed a joint 2023 Pennsylvania tax return requesting a refund, but the Department of Revenue reduced their claimed credit from the prior year’s tax return, resulting in a decreased refund amount, which the taxpayers contested through the appeals process. The BFR found that the taxpayers provided sufficient evidence to support their claim that the Department had erroneously reduced their carry-forward credit from 2022 and ordered the Department to reassess their 2023 income by adjusting the credit ...