in [Event] Ask the Experts: Biz Recordkeeping & 1099-NEC Filing
I accrued franchise and other state taxes in 2019, but I haven't paid them yet. Can I deduct them in my 2019 tax return?
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No. You cannot deduct something you did not pay. You can deduct the state and local taxes paid in the year you actually paid them, up to the SALT limit of $10,000 in a year.
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