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We paid capital gain tax, interest, and penalty in 2016 for tax year 2014. Where can we enter this in 2016 tax return forms?

 
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NewGuy
New Member

We paid capital gain tax, interest, and penalty in 2016 for tax year 2014. Where can we enter this in 2016 tax return forms?

Payment for past Federal tax obligations are not deductible or reportable on this year's return.

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NewGuy
New Member

We paid capital gain tax, interest, and penalty in 2016 for tax year 2014. Where can we enter this in 2016 tax return forms?

Payment for past Federal tax obligations are not deductible or reportable on this year's return.

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