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On a rental, we have customers pay with credit card, how do I deduct what the credit card charges me for this service?

 
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MinhT
Expert Alumni

On a rental, we have customers pay with credit card, how do I deduct what the credit card charges me for this service?

You can deduct this cost as Credit card processing fees in Miscellaneous Expenses.

Go to Business Income and Expenses > Business Expenses > Other Common Business Expenses > Other Miscellaneous Expenses (see attached screenshot).

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1 Reply
MinhT
Expert Alumni

On a rental, we have customers pay with credit card, how do I deduct what the credit card charges me for this service?

You can deduct this cost as Credit card processing fees in Miscellaneous Expenses.

Go to Business Income and Expenses > Business Expenses > Other Common Business Expenses > Other Miscellaneous Expenses (see attached screenshot).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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