Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
ishloss3113
New Member

I owed taxes for 2015 that I paid in 2016. Can I deduct that?

 
1 Best answer

Accepted Solutions
Howard1948
Level 7

I owed taxes for 2015 that I paid in 2016. Can I deduct that?

If these were Federal income taxes, No, they are not deductible in your 2016 Federal income tax return.

If these were state income taxes, they can be included in your state and local income tax itemized deduction on Schedule A.  Only the tax can be included; not any interest or penalties.

View solution in original post

1 Reply
Howard1948
Level 7

I owed taxes for 2015 that I paid in 2016. Can I deduct that?

If these were Federal income taxes, No, they are not deductible in your 2016 Federal income tax return.

If these were state income taxes, they can be included in your state and local income tax itemized deduction on Schedule A.  Only the tax can be included; not any interest or penalties.

Dynamic AdsDynamic Ads
Privacy Settings
v