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lenard123
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Do I report a last year underpayment penalty for my state tax for this year filing?

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

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

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

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

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

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