Are Federal Tax Payments Income Tax Deductible

by Herbert Gray
(23456)

Tax Payments Income Tax Deductible

Tax Payments Income Tax Deductible

I owed $14,000 to the IRS paid in full in 2011 tax year.

Is any of this amount deductible next year?

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Jun 07, 2018
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by: Stephanie

Thank you for your federal income tax payment deduction question. Unfortunately, the amount you paid the IRS for prior year taxes is not deductible next year.

However; If you were to pay prior year state income taxes, the amount you paid would be an itemized deduction in the year you paid the taxes.

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