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New Member
posted Apr 15, 2025 12:33:29 AM

I have to use the IRS installment plan to pay my taxes each year are those payments deductable?

are payments to IRS for previous years owed taxes deductable?

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1 Replies
Expert Alumni
Apr 15, 2025 5:43:10 AM

No, Federal tax payments are not deductible on your Federal return.  However, state tax payments are a possible tax deduction if you itemize.