Chargebacks (Credit Card)
Transaction amount + fee
Can You Write Off Chargebacks?
Short answer: Chargebacks (Credit Card) — Bad Debt & Losses
Cost of customer credit card chargebacks.
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B11-10244
low risk
Chargebacks (Credit Card)
Transaction amount + fee
All Industries
Other Expenses
Bad Debt & Losses
Chargebacks (Credit Card) — Bad Debt & Losses
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Cost of customer credit card chargebacks.
Category
- Bad Debt & Losses
bad debt & losses
bad debt losses
chargebacks (credit card)