We can observe only a portion of the entire universe. Because the universe is only about 14 billion years old, light has only had about 14 billion years to travel through it. Therefore, the most distant regions of the universe we can see are about 14 billion light-years away. This is the extent of the observable universe, but the entire universe is probably much larger.
According to the Internal Revenue Service, any interest you receive, or that is credited to an account and is available for withdrawal, is taxable in the year you receive it. This money is included in your annual income when you file your taxes, making the tax rate on interest equal to your normal income tax rate.
You must report the amount reported as taxable for federal income tax purposes as taxable interest on a Pennsylvania Schedule A. Annuity income that is part of a qualified retirement plan, and the recipient has reached age 59 1/2, is not subject to Pennsylvania income tax. For nonqualified annuities, the earnings are taxable but the return of contributions would not be taxable to Pennsylvania.