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New Member
posted Mar 25, 2025 11:29:54 AM

is credit card interest I paid in 2024 deductable? Where/how do i enter?

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1 Replies
Expert Alumni
Mar 25, 2025 11:31:09 AM

No, credit card interest is not deductible unless you are a business making purchases on credit. In that case the interest would be a deductible business expense.