Do I claim a tax payment for 2020 that was taken in 2024?
0248
2 Replies
xmasbaby0
Level 15
Feb 5, 2025 3:37:52 PM
A payment for back taxes that you owed is not deductible.
VolvoGirl
Level 15
Feb 5, 2025 3:38:03 PM
Not for federal tax paid. If you paid a state tax in 2024 for a prior year it can be a deduction on your federal return if you itemize and don’t take the Standard Deduction. But only the tax paid, not any interest or penalties.