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$800 FTB FOR S-CORP DEDUCTION

Hi, can I deduct minimum tax $800 which I paid to CA deduct from my 1120-S Federal? If yes where is the related line?

 

Thanks

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1 Reply
RobertB4444
Expert Alumni

$800 FTB FOR S-CORP DEDUCTION

Yes.  Go to 'Deductions on your federal return and scroll down until you hit 'Business Expenses'-

 

Click on 'Start' next to 'Taxes and Licenses'  

 

Then enter the amount into 'Other Taxes'.

 

@Sam Hopi 

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