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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
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posted
June 6, 2019
10:08 AM
last updated
June 06, 2019
10:08 AM
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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
Exclude it. Interest paid is not deductible. Only the actual tax due.
June 6, 2019
10:08 AM
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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
Interest you received or paid? What tax payment? A federal tax due or state?
June 6, 2019
10:08 AM
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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
Interest I paid on a 2014 tax payment to a State.
June 6, 2019
10:08 AM
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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
Exclude it. Interest paid is not deductible. Only the actual tax due.
June 6, 2019
10:08 AM
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Should interest accrued on a prior year's tax payment be included or excluded when the payment is reported here?
Thank you!
June 6, 2019
10:08 AM
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