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Get your taxes done using TurboTax
No. First, General Excise taxes for personal expenses are not deductible.
Next, you can deduct as a business expense, excise taxes that are ordinary and necessary expenses of carrying on your trade or business. You can do that in an online self-employment product or desktop Home and Business or if filing a partnership/corporation return use a business product. In all cases navigate to the "expenses" topic for your business and locate the "Taxes and Licenses" item.
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March 18, 2023
12:06 PM