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No. Penalties, fines or interest for late payment of your taxes are not deductible. You could enter the amount of the actual tax paid, but not the interest, etc. they charged you.
If you paid taxes due in 2016 to your state or local government, you can enter that by going to Federal> Deductions and Credits> Estimates and Other Taxes Paid> Other Income Taxes. You can enter the taxes you paid, but do not include any penalties or interest.
No. Penalties, fines or interest for late payment of your taxes are not deductible. You could enter the amount of the actual tax paid, but not the interest, etc. they charged you.
If you paid taxes due in 2016 to your state or local government, you can enter that by going to Federal> Deductions and Credits> Estimates and Other Taxes Paid> Other Income Taxes. You can enter the taxes you paid, but do not include any penalties or interest.
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