purchase date vs posted date to determine the tax year

ddsobolev — Mon, 09 Mar 2026 09:02:51 GMT

As the self-employed, I paid the certain amount for some service which I want to claim for tax deduction.

I paid it using my credit card.

This transaction has Dec 30 2021 as the purchase date, but Jan 3 2022 as the posting date.

Can I use it for tax year 2021 deductions?

Re: purchase date vs posted date to determine the tax year

AliciaP1 — Sat, 05 Mar 2022 19:20:12 GMT

Yes, the date you use the credit card (12/30 in your example) counts as the purchase date for business expenses for tax purposes.