Is can you claim credit card fees on taxes a business expense?
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Credit card fees are deductible as a business expense when they are directly related to business transactions. This includes fees for processing payments from customers, annual fees for business credit cards, and interest on business-related purchases. Personal credit card fees are not deductible. For example, if a business owner uses a credit card to purchase inventory or pay for business services, the associated fees can be deducted. However, if the credit card is used for personal expenses, those fees are not deductible.