FlyerTalk Forums - View Single Post - Overpay taxes to get extra miles/points?
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Old Jan 8, 2010 | 9:21 am
  #25  
richarddd
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Originally Posted by susiesan
When I pay my business owned real estate taxes with a credit card, the convenience fee is considered a business expense under 'taxes" and becomes deductible. This has been cleared by my CPA who signs my return.
That makes sense - if you're charging business taxes the fee should be a deductible expense on a business return.

If you're paying individual taxes, then the fee may be deductible on an individual return, but only to the extent it (plus unreimbursed job expenses and investment expenses) exceed 2% of adjusted gross income.
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