[quote=ariffe22]It is deductible, but be aware that paying taxes is not a deduction for Alternative Minimum Tax. If you pay next year’ (FEB/APR) payment and it puts you into AMT, you really did’nt get any benefit from paying early.[/quote]
AMT? What’s that? Oh, yeah…The thing that Congress is trying to “patch” for 21 million tax filers…lol… Don’t count on a fix.
Me. I don’t pay my complete taxes up front…Namely, because it’s like giving the government free interest by paying bills early…