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URL:  http://boards.fool.com/as-he-pays-off-these-back-tax-debts-interest-on-30835322.aspx

Subject:  Re: Questions on (late) City Taxes Date:  8/21/2013  1:13 AM
Author:  TMFPMarti Number:  119043 of 121219

As he pays off these back tax debts, interest on the back tax debts, and penalties on the back tax debts, is any of the payment potentially deductible on his federal taxes?

Only the tax is deductible, on the Schedule A for the year in which it's paid, as already noted.

Phil
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