Accrued state income taxes for cash basis tax payer

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  • Hamacher
    Senior Member
    • Jun 2006
    • 180
    #1

    Accrued state income taxes for cash basis tax payer

    I've received differing opinions on writing off state income taxes. Do you write off accrued state taxes if your tax payer is cash basis?
    Tags: None
    • Hamacher
      Senior Member
      • Jun 2006
      • 180
      #2
      Tax payer is Corp.

      I should have mentioned that the tax payer is an S Corporation.

        Comment

        • Davc
          Senior Member
          • Dec 2006
          • 1088
          #3
          Originally posted by Hamacher
          I've received differing opinions on writing off state income taxes. Do you write off accrued state taxes if your tax payer is cash basis?
          No............

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