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April 1, 2025
Question

Are Philadelphia NPT taxes deductible on Schedule C?

  • April 1, 2025
  • 1 reply
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Although they are business income taxes, they are ordinary and necessary expenses of a business.

1 reply

April 1, 2025

No.  The Philadelphia NPT would not be deductible on Schedule C since this is a tax based on Income. 

(Edited 4/1/2025 @ 7:24AM PST) @gfleischman 

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April 1, 2025

Is there any authority on this?  I have a CPA telling me Philadelphia NPT taxes are not deductible on Federal Schedule C because they're income taxes, but Philadelphia BIRT taxes are deductible on Federal Schedule C.