I had to pay 1500 dollars in taxes last year 2015. should i have been able to deduct that amount on my 2016 taxes. I also made quartly payments?
Well I already did my taxes with you guys. I payed 1500 dollars in 2016 for taxes for the year 2015. Also in made quarterly payments in 2016 for 1500 dollars. Should I been able to deduct the 1500 dollars I payed for the 2015 year?
I had to pay 1500 dollars in taxes last year 2015. should i have been able to deduct that amount on my 2016 taxes. I also made quartly payments?
The money you paid was for taxes due on income you made for 2015. Even though you paid some or all of it in another year, the funds are not deductible.
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