IRS says " Credit or debit card convenience fees charged for paying federal individual income taxes electronically are deductible for some taxpayers who itemize." Can I deduct these convenience fees I paid in 2017 on my 2017 tax return? Thank you.
022962
2 Replies
kerriP
Level 1
Jun 1, 2019 11:35:28 AM
The fee is deductible for personal taxpayers as a miscellaneous itemized deduction on schedule A. However, only those miscellaneous expenses that exceed 2 percent of the adjusted gross income can be deducted. For more information, refer to; Pub 529
Hardway
Level 3
Jun 1, 2019 11:35:28 AM
Thank you so much for your reply. So can I only deduct credit card fees related for federal tax payment or I can also deduct the fees related for state tax payment, such as state estimated tax payment? Thank you.