The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/ive-never-heard-of-federal-taxes-being-16374087.aspx

Subject:  Re: Estimating State/Federal Taxes Date:  1/1/2002  3:53 PM
Author:  Mark0Young Number:  56572 of 121319

I've never heard of federal taxes being deductible on a state return.

Oregon has allowed this at least as long as I have lived in the state--since 1980. They do have a cap on how much federal taxes can be used as a "subtraction" on the state return, which has changed a couple of times now.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us