`
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Can I deduct employee payroll taxes owed from 2017 that I paid off in 2018.

can I deduct employee payroll taxes(withholding taxes) and state sales tax owed from 2017 that I paid off in 2018.

1 Best answer

Accepted Solutions
Highlighted
Level 3

Can I deduct employee payroll taxes owed from 2017 that I paid off in 2018.

Yes, that is the proper way to do it.  You deduct the taxes in the year paid not the year incurred. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
Highlighted
Level 3

Can I deduct employee payroll taxes owed from 2017 that I paid off in 2018.

Yes, that is the proper way to do it.  You deduct the taxes in the year paid not the year incurred. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post