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Get your taxes done using TurboTax
Yes, Sam's Club membership fees would be deductible, but only for the percentage of purchases that were actually used for business. For example, if you typically spend 50% on personal items, then only 50% of the membership fees would be deductible.
Credit card fees are deductible as a business expense. Please see 2019 IRS Publication 535 Business Expenses, page 46 middle column for support.
March 14, 2020
2:27 PM