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Credit card fees for business taxes?

I paid some of my quarterly business taxes with a credit card. I believe that the credit card fees (charged by the company that processes the tax payments) are deductible. 

Where on my 1040 do I deduct these fees? 

Tax preparation fees?

Miscellaneous? 

Or other? Thank you.

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RichardK
New Member

Credit card fees for business taxes?

Quarterly business taxes fees would be deducted on your business return.

The fees for your individual quarterly estimate payments are miscellaneous itemized deduction, click here to see the IRS website for more information on paying with credit card.

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1 Reply
RichardK
New Member

Credit card fees for business taxes?

Quarterly business taxes fees would be deducted on your business return.

The fees for your individual quarterly estimate payments are miscellaneous itemized deduction, click here to see the IRS website for more information on paying with credit card.

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