ErnieS0
Expert Alumni

State tax filing

DC says not to deduct the franchise tax.

 

Enter taxes imposed on taxpayers as reported in Schedule C, page 3, Form D-30. Do not deduct these taxes: 

 

  • Income and excess profit taxes; 
  • DC franchise tax; or 
  • Taxes assessed against the property for local benefits of a kind tending to increase the value of the property assessed.

 

See page 11 of the D-30 booklet.

 

@LanceinDC 

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