Failure to file and failure to pay for 2013 tax year was paid in 2016, can this amount be deducted
01231
1 Best answer
DoninGA
Level 15
Jun 3, 2019 12:13:42 PM
Federal income taxes owed and paid for a prior tax year are not deductible on a federal tax return. Penalties and interest for the late filing and late payment are not deductible on a tax return.
1 Replies
DoninGA
Level 15
Jun 3, 2019 12:13:42 PM
Federal income taxes owed and paid for a prior tax year are not deductible on a federal tax return. Penalties and interest for the late filing and late payment are not deductible on a tax return.