What is MCC 5521?
**Merchant Category Code 5521: Automobile and Truck Dealers (Used Only)**The Merchant Category Code 5521 is specifically designated for businesses that deal in the sale of used automobiles and trucks. These establishments typically offer a variety of services, including vehicle inspections, financing options, and warranty programs. Whether you're looking to purchase a pre-owned car or truck, or seeking expert advice on vehicle maintenance, MCC 5521 encompasses all transactions related to the sale of used automotive vehicles. This code is essential for merchants in the automotive industry, ensuring accurate classification and efficient payment processing for their customers.
What category is MCC 5521?
The Merchant Category Code 5521 belongs to the Retail Outlet Services Category.
Retail Outlet Services encompass a wide range of businesses that provide goods and services directly to consumers. These establishments typically fall under the Merchant Category Code category and include retail stores, department stores, specialty shops, and convenience stores. Whether you're looking for clothing, electronics, home goods, or groceries, retail outlet services offer a convenient and accessible way to shop for all your needs. With a diverse selection of products and competitive pricing, these businesses cater to a variety of consumer preferences and budgets.
Is Merchant Category Code 5521 IRS Reportable?
No, according to the IRS under section 1.6041-3(c), the MCC Code 5521 is not IRS reportable
What is the Merchant Category Code for Car and Truck Dealers (Used Only) Sales, Service, Repairs Parts and Leasing?
The Merchant Category Code for Car and Truck Dealers (Used Only) Sales, Service, Repairs Parts and Leasing is 5521. It belongs to the Retail Outlet Services category.
