I had a balance due for my federal and state 2017 taxes. I paid both balances in 2018. Can I claim these federal and state taxes on my 2018 return?
Unfortunately, you cannot deduct the federal taxes you paid. However, you can deduct state taxes as an itemized deduction on Schedule A. If you choose to itemize your deduction to claim state taxes you will not be able to take the standard deduction. You should calculate both the standard deduction method and the itemized method to determine which is most beneficial to you.
Related Resources
Changing jobs can come with tax implications like job search and moving expense deductions. Learn more about these potential benefits at H&R Block.
Learn how to deduct student loan interest with H&R Block. Get information about qualified education expenses and see if a student loan tax deduction applies to you.
What does it mean to be an enrolled agent? Learn more about the roles and requirements of enrolled agent (EA) tax preparers at H&R Block.
What’s the difference between an enrolled agent (EA) vs. a certified public accountant (CPA)? Explore the roles of EAs and CPAs at H&R Block.
