Accountants Start Here

Can I Deduct?

Credit card interest

Asked By Anonymous User
Thursday, February 09, 2012

Answer:

Generally, only mortgage interest is deductible
Credit card interest for nonbusiness purchases are not deductible.
CPAdirectory
Answer Provided by: CPAdirectory
Interested in more Can I Deduct? Questions?

Share This Answer

Looking For More?

View all Can I Deduct? Questions

View More Questions
  1. Home
  2. Ask a CPA
  3. Can I Deduct?
  4. Credit card interest