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Deductions & credits
I highly recommend you talk to a local tax professional in your state to get educated on any new tax laws that might affect your partnership in your state. Either that or go on your state's website to find out what's new for partnerships. Partnerships themselves are passed through entities and do not pay state taxes on the partnership return so I'm not sure what you thought was new about state income taxes paid by an individual who happens to be a partner. State estimated taxes or state taxes paid during the tax year or for the tax year have always been an itemized deduction on the schedule a.
‎January 12, 2023
6:13 AM