can I deduct employee payroll taxes(withholding taxes) and state sales tax owed from 2017 that I paid off in 2018.
You'll need to sign in or create an account to connect with an expert.
Yes, that is the proper way to do it. You deduct the taxes in the year paid not the year incurred.
Yes, that is the proper way to do it. You deduct the taxes in the year paid not the year incurred.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
alex-w-kang
New Member
chrisloff
New Member
nicholas-burns-lpc
New Member
millerne5
New Member
user17741895302
Level 1