Credit Card Used For Business, Tax Deductable?

Quick question. If I use a credit card just for business purposes only, I can deduct that interest from my income for taxes that I pay on that credit card can't I, as long as it is for business use only? Thanks.

Comments(2)

  • mattfish1129th June, 2004

    In a word, Absolutely!

    You have to be careflu that you don't "pierce the vail" of your entity. You don't want to mix personal with business expenses!

    Good Luck!
    [addsig]

  • reneeschultz29th June, 2004

    That is what I thought but someone was doubting me, so I started to doubt myself. Thanks, now I feel better that I was right. :-D

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