Re: nyc ubt deductible on 1040?



"bakern" wrote:

I have an LLC which is filing as a partnership. In NYC there is an
Unincorporated Business Tax. Can I deduct this tax on both the 1065
filed with the Fed as well as on my 1040?

No. 1065 only.

--
Phil Marti
Clarksburg, MD


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Relevant Pages

  • Re: nyc ubt deductible on 1040?
    ... Unincorporated Business Tax. ... You can't deduct it twice. ... Paul A. Thomas, CPA ...
    (misc.taxes)
  • nyc ubt deductible on 1040?
    ... I have an LLC which is filing as a partnership. ... In NYC there is an ... Unincorporated Business Tax. ... Can I deduct this tax on both the 1065 ...
    (misc.taxes)