Not for exam purpose

  • Creator
    Topic
  • October 11, 2016 at 11:56 pm #1262881
    ruma saw
    Participant

    Today I saw my senior Accountant took the deduction for Interest and penalties along with the personal property tax.
    I can understand, we can Itemized personal property tax but can we take the deduction for interest and penalties too.

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  • October 12, 2016 at 10:05 am #1262983
    Birdman
    Participant

    No, you can't do that.

    FAR- 74, 78 (10/15)
    BEC- 73
    REG- 65, 88 (05/16)
    AUD- 7/16

    October 12, 2016 at 10:40 am #1263000
    bhunt815
    Participant

    What birdman said…he shouldn't have done that.

    FAR 04/11/2016 - 84
    AUD 05/12/2016 - 79
    BEC 07/06/2016 - 81
    REG 08/29/2016

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