FlyerTalk Forums - View Single Post - Paying USA income, property or other taxes with a credit card
Old Apr 17, 2017, 2:34 am
  #372  
bigbuy
 
Join Date: Apr 2005
Location: ATL
Posts: 802
Originally Posted by MDtR-Chicago
Guidance from the IRS:



The deduction is only the amount above 2% of your Adjusted Gross Income. In other words, if you make $50000, only the fees above $1000 would be deductible. If you're deducting more than that, your tax return may be inaccurate.
Are you assuming that I had no other deductible misc expenses?
I regret not using "YMMV" in my initial post.

Last edited by bigbuy; Apr 17, 2017 at 2:39 am
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