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2 replies

VolvoGirl
Level 15
July 2, 2020

Penalties and interest are never deductible.

Level 15
July 2, 2020

No.   Federal tax or any penalties you paid are  not deductible on your tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**