MCC 8241 - Correspondence Schools | Merchant Category Code

Q: What is MCC 8241?

MCC 8241 is the merchant category code for Correspondence Schools under ISO 18245. Card networks use it to classify transactions at this type of business for interchange fees, rewards categories and tax reporting.

Q: Is MCC 8241 IRS reportable?

IRS 1099-K reportability for MCC 8241: No1.6041-3(p)(2).

Why the MCC matters

Card networks use MCC 8241 to set interchange rates for this business type, decide whether purchases count toward category rewards, and flag special handling (for example cash-like or high-risk categories). Issuers and tax authorities rely on the same code, which is why the IRS classification appears above.

Nearby codes

8099 8111 8211 8220 8244 8249 8299 8351

Browse the full MCC list, or identify a card's issuer with the BIN checker.

Frequently Asked Questions

What is MCC 8241?

MCC 8241 is the merchant category code for Correspondence Schools under ISO 18245. Card networks use it to classify transactions at this type of business for interchange fees, rewards categories and tax reporting.

Is MCC 8241 IRS reportable?

IRS 1099-K reportability for MCC 8241: No1.6041-3(p)(2).

MCC	8241
Category	Correspondence Schools
IRS 1099-K reportable	No1.6041-3(p)(2)

MCC 8241: Correspondence Schools

Why the MCC matters

Nearby codes

Frequently Asked Questions