2889599
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

gmdsanch3
New Member

Are previous years tax payments write offs of any sort for the preceding year?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
ee-ea
Level 15

Are previous years tax payments write offs of any sort for the preceding year?

Alabama, Iowa, Missouri, Oregon and Montana have a deduction for Fed taxes.  State payments are a Fed itemized deduction.

Are previous years tax payments write offs of any sort for the preceding year?

The money you paid to the IRS for a previous year’s federal tax return is not deductible, so you do not enter it anywhere on your 2022 return.  If you paid taxes due in 2022 to your state or local government, you can enter that by going to Federal> Deductions and Credits> Estimates and Other Taxes Paid> Other Income Taxes.  You can enter the taxes you paid, but do not include any penalties or interest.

 

There are several  states that allow you to enter the federal tax you paid on your state return--Alabama, Iowa. Missouri, Montana, and Oregon.  If you are filing in one of these states watch for the deduction when you prepare your state return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
ErnieS0
Expert Alumni

Are previous years tax payments write offs of any sort for the preceding year?

A few states allow you to write off federal tax, as super Tax Champs @ee-ea and @xmasbaby0 say.

 

Include only the tax paid. Interest and penalties are not deductible.

 

State taxes are deductible if you itemize deductions. Your total state and local tax deduction (which includes state income tax or sales tax plus property taxes is capped at $10,000.

 

Here’s how to enter your 2021 state tax payment in TurboTax:
 

  • Type “estimated tax payments in Search in the upper right”
  • Select “Jump to estimated tax payments”
  • Select “Other Income Taxes Paid in 2022”
  • Enter your Balance due on your 2021 state taxes paid in 2022.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question