Tax Deduction on Paid Back Taxes
If I was on a payment plan for back taxes owed in previous tax years can I deduct those taxes for amount paid in current filing year?
If I was on a payment plan for back taxes owed in previous tax years can I deduct those taxes for amount paid in current filing year?
No, taxes owed and paid for a prior tax year is not entered on a federal tax return.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.