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SydneyMcD
New Member

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

 
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1 Reply
CatinaT1
Employee Tax Expert

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

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.

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