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June 4, 2019
Question

Are payments made through a payment plan for previous year taxes deductible in the current year?

  • June 4, 2019
  • 1 reply
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We were making monthly payments for 2017 state and federal taxes. Is any of that a possible deduction?

1 reply

June 4, 2019

Payments you made on your state taxes for 2017 are possibly deductible on your 2018 federal income tax return if you itemize your deductions.

However, payments on your 2017 federal taxes are not deductible on your 2018 income tax return.   

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