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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Re: Underpayment penalty
Underpayment penalty
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skgroup
Level 1
03-13-2022
06:04 PM
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I paid underpayment penalty in year 2021 for tax year 2020.
Is this a deductible expense?
Thank you
Subhash S. Kithany
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