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Are installment payments for past taxes, tax deductible
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June 7, 2019
4:12 PM
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For a federal tax payment plan, no, that is not deductible at all.
For a state tax payment plan, you can deduct the amount for taxes in the year that you pay it, but not any penalties or interest, only the tax.
For a state tax payment plan, you can deduct the amount for taxes in the year that you pay it, but not any penalties or interest, only the tax.
June 7, 2019
4:12 PM