I underpaid my 2014 Fed Taxes by 3300 I paid that back on installment agreement in 2016 Can I claim that on my 2016 1040 and receive credit?

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No, underpaid federal taxes cannot be claimed on your tax return. Federal income tax payments are never deductible and the interest that you pay on past-due taxes is also non-deductible.

Can I apply the EV tax credit to the tax balance I owe from previous years? I am paying that balance on an installment agreement.

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I underpaid my 2014 Fed Taxes by 3300 I paid that back on installment agreement in 2016 Can I claim that on my 2016 1040 and receive credit?

I underpaid my 2014 Fed Taxes by 3300 I paid that back on installment agreement in 2016 Can I claim that on my 2016 1040 and receive credit?

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I underpaid my 2014 Fed Taxes by 3300 I paid that back on installment agreement in 2016 Can I claim that on my 2016 1040 and receive credit?

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I underpaid my 2014 Fed Taxes by 3300 I paid that back on installment agreement in 2016 Can I claim that on my 2016 1040 and receive credit?

Get more help

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