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Other Taxes on form Schedule E Worksheet
I have properties in California, the Property Management pays Estimated Taxes to CA. I entered this on my Federal form and it was carried over to my CA Tax form.
Now, under the Business tab I pick up a property to fill out the Schedule E Worksheet, it contains 16) b Other taxes. Should I enter the amount here, which partly contributed to the Estimated Tax? If I enter here, would it mean, that the same money was used twice as deduction?
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March 11, 2020
3:26 PM