Can I deduct previous years llc filing reports?

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Topic Author
artvandelay7
Posts: 163
Joined: Sun May 20, 2012 7:25 pm

Can I deduct previous years llc filing reports?

Post by artvandelay7 »

In 2021, we ended up paying previous years of filing fees/annual reports for 2019 and 2020 because we accidentally forgot to file in those previous years. Can I deduct 2019-2021 on my 2021 taxes? This is a single member llc that I file schedule c.
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MP123
Posts: 4085
Joined: Thu Feb 16, 2017 2:32 pm

Re: Can I deduct previous years llc filing reports?

Post by MP123 »

Yes, that would be both an ordinary and necessary business expense.
Topic Author
artvandelay7
Posts: 163
Joined: Sun May 20, 2012 7:25 pm

Re: Can I deduct previous years llc filing reports?

Post by artvandelay7 »

Ok thanks.
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