Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
c-cole
New Member

Can i deduct state taxes (paid via payment plan) if I paid over 2 years? For tax year 2016.

I owed MD $650 in 2014. I made my final payment this year 2016. Can I deduct that full amount this year?
1 Reply
DoninGA
Level 15

Can i deduct state taxes (paid via payment plan) if I paid over 2 years? For tax year 2016.

You can deduct payments made in 2016 for state income taxes owed in a prior tax year on a federal tax return.  You cannot deduct any penalties or interest paid or payments made in prior tax years.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Estimates and Other Taxes Paid
  • On Other Income Taxes, click on the start or update button

Scroll down to Other Income Taxes Paid in 2016.  Select the type of taxes paid

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.62m
Discussions

Manage cookies
v