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I pay 150.00 installments a month, can that be claimed

I set up a payment plan with IRS, and I make installment payments monthly of 150.00

. Can any of that be claimed on my taxes

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I pay 150.00 installments a month, can that be claimed

No, your payment plan is not deductible.  Money paid to the IRS is not deductible.  You did not ask, but if you are getting a refund for 2016, the IRS will take it and apply to the taxes you owe even if you have a payment  plan in place.  You do not have to enter this anywhere on your return; the IRS will do this automatically.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply

I pay 150.00 installments a month, can that be claimed

No, your payment plan is not deductible.  Money paid to the IRS is not deductible.  You did not ask, but if you are getting a refund for 2016, the IRS will take it and apply to the taxes you owe even if you have a payment  plan in place.  You do not have to enter this anywhere on your return; the IRS will do this automatically.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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