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
If you have Medicare, does your premium qualify for a deduction? Learn more from the tax experts at H&R Block.
How can you deduct tuition and get your continuing education tax credit? Learn more from the tax experts at H&R Block
Find out why you can itemize your taxes with advice from the tax experts at H&R Block.
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.