Tax Liability

Hi -

I was audited and had to pay $268.58 to the state of KY in 2019, can I take this as an expense?

Thank you

Brad45

posted

if you itemize in 2019 part of it can be included in taxes paid for 2019. the bill probably consisted of taxes, penalties, and interest. only the taxes portion is deductible.

2024 amendment: changes show in TurboTax Online ($110 refund increase) but no Form 1040-X in downloaded PDF. How do I get the amendment paperwork?

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