Ask Experts Questions for FREE Help !
Ask
    eightandahalf's Avatar
    eightandahalf Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Dec 10, 2008, 03:24 PM
    Are property tax penalties deductible?
    I know that property taxes paid on my home are deductible when I itemize my return, but if I pay a penalty for making the payment late, can I deduct the penalty as well? Thank you.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Dec 10, 2008, 10:40 PM

    No.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is NJ-SUI and NJ-WK Deductible? [ 1 Answers ]

On my wife's W-2, NJ-SUI and NJ-WK is listed. SUI is supplemental unemployment tax but I do not know what NJ-WK is? Could you provide an answer. Also are either of these items tax deductible on the Federal 1040. Thanks, Barry

Broker fee deductible? [ 1 Answers ]

Hi, I started working in 2006 and moved to a location closer to work. Is the broker fee I paid tax deductable? Thanks

Sdi tax deductible? [ 1 Answers ]

Is nys sdi tax tax deductible on my federal return? On the instructions for schedule A it states that any mandatory payments to the non occupation disability benefit fund in NYS is deductible. Is SDI & this fund the same thing?

Tax deductible? [ 1 Answers ]

Are personal items that were appraised and taken to a dealer for sale with the money going to the trustee to dispurse tax deuctible.

View more questions Search