Can I claim fees from my Square credit card reader?

anastassia1023 · ‎June 1, 2019

MaryK1 · ‎June 1, 2019

Yes, you can add your credit card service fees as a business expense. The best category is Other Miscellaneous Expenses.

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muchohucho · ‎February 16, 2021

But is the portion (fees) that square takes considered MY income

MarilynG1 · ‎February 16, 2021

@muchohucho The fees that Square Trade takes are Business Expenses against your Business Income.

Click this link for info on entering your Square Trade Income.

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