FlyerTalk Forums - View Single Post - Paying USA income, property or other taxes with a credit card
Old Mar 26, 2014, 12:42 pm
  #221  
Soccerdad1995
 
Join Date: Feb 2014
Programs: UA Plat, SPG Gold, Marriott Gold
Posts: 677
Originally Posted by cornellfOo
Generally CC for taxes isn't a good deal. Most providers that allow this will charge 2%+, offsetting any reward you may gain. A better way would be to use some MS techniques to convert your credit spend into debit spend, which is much cheaper (but time consuming).

The only time using a CC MAY make sense is if you're trying to hit some type of min spend from a CC (either large spend bonus or signup bonuses). In that case you're basically buying miles/points and will need to make the decision yourself whether it is worth it or not. Is hitting the spend for XXXX bonus worth ~$690 (assuming 30k tax)??
Just curious.... why $690? That's 2.3%. Is that the typical fee?
Soccerdad1995 is offline