If the IRS applied my last year’s refund to past tax debt, can I write off the debt offset on this year’s return?
No. Neither of these are eligible for deduction:
- Federal taxes owed in a prior year
- Any penalties applied
Need to know how to deduct job-related education expenses from your taxes? Learn about allowable education expenses and get tax answers at H&R Block.
Do you care for a totally disabled relative? Find out if you can claim them as a dependent on your taxes. Get tax answers from H&R Block.
Filing taxes? H&R Block has easy ways to file your taxes, including filing online, using professional tax software or at our tax office locations.
If you sold your home before living in it for three year do you have to repay the first-time homebuyer credit? Learn more from the tax experts at H&R