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April 15, 2025
Question

I have to use the IRS installment plan to pay my taxes each year are those payments deductable?

  • April 15, 2025
  • 1 reply
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are payments to IRS for previous years owed taxes deductable?

1 reply

April 15, 2025

No, Federal tax payments are not deductible on your Federal return.  However, state tax payments are a possible tax deduction if you itemize.

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