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If you owed Fed income tax on a 1040 for 2015, and paid it in 2016, how can you get credit for it as Income Taxes paid in deductions for the 2016 1040?
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There is no deduction for federal taxes paid in 2016 if they were for a year prior to 2016. Only federal taxes paid for the 2016 year count.
There is no deduction for federal taxes paid in 2016 if they were for a year prior to 2016. Only federal taxes paid for the 2016 year count.
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