How do I deduct are transaction fees tax deductible on my taxes?

Business_Expensessmall businessfreelancerse-commerceretailtax

Transaction fees are deductible as business expenses if they are directly related to the operation of your business. For example, credit card processing fees, bank transaction fees, and brokerage fees incurred in the course of conducting business are deductible. However, personal transaction fees are not deductible. It's important to differentiate between business and personal expenses to ensure proper deduction.

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