Do I report a last year underpayment penalty for my state tax for this year filing?

lenard123 · ‎June 4, 2019

underpayment penalty from last year: do I report it on this year's tax filing?

Vanessa · ‎June 4, 2019

No, penalties are not tax deductible and do not need to be included on any future year returns.

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Vanessa · ‎June 4, 2019

No, penalties are not tax deductible and do not need to be included on any future year returns.

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