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miclase2016
Level 3

I am self-employed and have a single-member LLC. Are my federal taxes paid last year a business or personal expense? Are they deductible? How can I categorize them?

 
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VolvoGirl
Level 15

I am self-employed and have a single-member LLC. Are my federal taxes paid last year a business or personal expense? Are they deductible? How can I categorize them?

Federal taxes paid are never deductible on business or personal.  Unless you mean estimated taxes you paid in for 2020.  

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