1999 Tax Help Archives  

Pub. 17, Chapter 24 - Taxes

Where To Deduct

This is archived information that pertains only to the 1999 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Download: Form 1040 � 1040 Instructions PDF or HTML
Schedule A & BForm 1040AForm 1040EZTax Tables

You deduct taxes on the following schedules.

State and local income taxes.
These taxes are deducted on line 5 of Schedule A (Form 1040), even if your only source of income is from business, rents, or royalties.

Foreign income taxes.
Generally, income taxes you pay to a foreign country or U.S. possession can be claimed as an itemized deduction on line 8 of Schedule A (Form 1040), or as a credit against your U.S. income tax on line 46 of Form 1040. To claim the credit, you may have to complete and attach Form 1116. For more information, see the instructions for Form 1040 or get Publication 514.

Real estate taxes and personal property taxes.
These taxes are deducted on lines 6 and 7 of Schedule A (Form 1040), unless they are paid on property used in your business or on property that produces rent or royalty income. See Taxes on property producing rent or royalty income, later.

Self-employment tax.
Deduct one-half of your self-employment tax on line 27, Form 1040.

Taxes on property producing rent or royalty income.
These taxes generally are deducted on Schedule E (Form 1040).

Other taxes.
All other deductible taxes are deducted on line 8 of Schedule A (Form 1040).

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