Solved: The IRS does not allow you to deduct back taxes from your...

If I’m currently paying back taxes to the IRS can I claim that on this years taxes?

posted

The IRS does not allow you to deduct back taxes from your taxable income. Federal taxes are never deductible. Nor can you deduct penalties or interest levied by the IRS.

View solution in original post

The IRS does not allow you to deduct back taxes from your taxable income. Federal taxes are never deductible. Nor can you deduct penalties or interest levied by the IRS.