I made a mistake on my 2005 Federal taxes and had to pay about $1000 in 2007 on that 2005 tax year. Pretty sure I can’t deduct that on my Federal return, but can I deduct it on my state return?
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1. January 2010 at 10:52 am
To the best of my knowledge, only Iowa allows a deduction for Federal taxes paid.
1. January 2010 at 10:52 am
Absolutely not
1. January 2010 at 10:52 am
state and federal are seperate
1. January 2010 at 10:52 am
Call the IRS (1-800-829-1040) for specifics, but most likely you won’t be able to file a deduction; you’ll have to request a correction on your ‘07 (or ‘05) return.
1. January 2010 at 10:52 am
No. You can deduct state taxes on your federal return, but not the other way around.
1. January 2010 at 10:52 am
You are right, back taxes are not a deduction.