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April 21, 2021
Question

Accounting firm screw up

  • April 21, 2021
  • 1 reply
  • 0 views

My company did not withhold DC taxes this year by mistake. If I pay it now in full can i still deduct it on my federal form?

    1 reply

    DMarkM1
    April 21, 2021

    Not for tax year 2020.  It will be an itemized deduction on your 2021 tax return.  The tax must have been paid in the tax year.  Here is a link for reference.

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