Announcement

Collapse
No announcement yet.

Ok I am tired - Payment from 2010 return deducted on 2011 retunr

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Ok I am tired - Payment from 2010 return deducted on 2011 retunr

    Good Morning,

    I am preparing a new client and just had a brain freeze. This client owed in 5,000 k from his 2010 tax return. They mailed in the payment in April 2011. Can I deduct this payment as an Itemized deduction in 2011?

    Thanks

    Brian (36 straight hours)
    Tags: None
    #2
    Ok I know I can not - wow long days...

    Comment

      #3
      He can if it was state income tax paid.

      Comment

      Previous template Next

      Disclaimer

      Collapse

      This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

      Working...
      X