Under reported Income and taxes/ interest due from previous tax year.

[mike7]

In the 2016 tax year I received a notice from the IRS that I had under reported my 2014 income taxes. They received a W2 from PayPal that did not match what I reported from PayPal. I paid the taxes due and I paid interest on those taxes due in 2016.... Is there some place i should/can report this on my 2016 return?

[TomYoung]

All that pertains to the 2014 income tax year and the interest is not deductible even if paid in 2016.  There's no "2016" reporting here.

[CherylW]

No.  You can't take federal taxes paid off on your federal tax return. 

If you live in a state that has income tax, you may be able to take the tax paid off.