It is not clear if or how you can deduct the convenience fee. The IRS addressed the question of convenience fees in connection with the payment of federal taxes. While the IRS does not charge a fee for using credit or debit cards to pay federal taxes, the credit card companies do. The IRS said the convenience fees are a miscellaneous itemized deduction. Thus you have to itemize and have miscellaneous itemized deductions in excess of two percent of your adjusted gross income to benefit from any write off. The IRS has not said whether the fee related to the payment of your property taxes should be treated similarly, but logic suggests that it should because it is a cost “in connection with the determination, collection, or refund of any tax.”
Tax paid by self-employed persons to finance Social Security coverage. In 2007, there are two rates. A 12.4% rate applies to a taxable earnings base of $95,700 or less and a 2.9% rate applies to all net earnings.