Yes, if you have a business, Merchant processing fees are deductible. Your businesses can deduct the full cost of merchant services fees on line 17 of their Schedule C These expenses fall under the category of “miscellaneous expenses”, where you'll be allowed to describe them as “credit card processing fees”.This can be found in the Online premiere version or Desktop Home and BusinessThis will be in the Self-Employed section of your return.

Question

merchant processing fees

Forum|Forum|1 year ago
March 10, 2025
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are they deductible

JohnB5677

Yes, if you have a business, Merchant processing fees are deductible.

Your businesses can deduct the full cost of merchant services fees on line 17 of their Schedule C
These expenses fall under the category of “miscellaneous expenses”, where you'll be allowed to describe them as “credit card processing fees”.

This can be found in the