topic Can I deduct an assessment paid in 2019 for increase tax payment required by a IRS audit of my 2016 return.. in After you file

Can I deduct an assessment paid in 2019 for increase tax payment required by a IRS audit of my 2016 return..

toolatesmart1 — Mon, 13 Jul 2020 17:41:13 GMT

Re: Can I deduct an assessment paid in 2019 for increase tax payment required by a IRS audit of my 2016 return..

Texas Roger — Mon, 13 Jul 2020 17:43:35 GMT

Federal taxes paid for prior year taxes are never deductible on a federal tax return.

Re: Can I deduct an assessment paid in 2019 for increase tax payment required by a IRS audit of my 2016 return..

maglib — Mon, 13 Jul 2020 17:44:30 GMT

@toolatesmart1 You need to be more specific. If you mean the fed audited you and you had to pay federal taxes related to a prior year, then no. If the state audits you, then if you itemize, the interview will ask you about taxes related to a prior years return paid. You would only benefit if you are itemizing and they are state or local taxes.

Good luck.