Abstract We develop and implement an inclination-dependent attenuation prescription for spectral energy distribution (SED) fitting and study its impact on derived star formation histories. We apply our prescription within the SED fitting code Lightning to a clean sample of 82, z = 0.21–1.35 disk-dominated galaxies in the Great Observatories Origins Deep Survey North and South fields. To compare our inclination-dependent attenuation prescription with more traditional fitting prescriptions, we also fit the SEDs with the inclination-independent Calzetti et al. (2000) attenuation curve. From this comparison, we find that fits to a subset of 58, z < 0.7 galaxies in our sample, utilizing the Calzetti et al. (2000) prescription, recover similar trends with inclination as the inclination-dependent fits for the far-UV-band attenuation and recent star formation rates. However, we find a difference between prescriptions in the optical attenuation (A _V ) that is strongly correlated with inclination (p‐value < 10⁻¹¹). For more face-on galaxies, with i ≲ 50°, (edge-on, i ≈ 90°), the average derived A _V is 0.31 ± 0.11 magnitudes lower (0.56 ± 0.16 magnitudes higher) for the inclination-dependent model compared to traditional methods. Further, the ratio of stellar masses between prescriptions also has a significant (p‐value < 10⁻²) trend with inclination. For i = 0°–65°, stellar masses are systematically consistent between fits, with log 10 ( M ⋆ inc / M ⋆ Calzetti ) = − 0.05 ± 0.03 dex and scatter of 0.11 dex. However, for i ≈ 80°–90°, the derived stellar masses are lower for the Calzetti et al. (2000) fits by an average factor of 0.17 ± 0.03 dex and scatter of 0.13 dex. Therefore, these results suggest that SED fitting assuming the Calzetti et al. (2000) attenuation law potentially underestimates stellar masses in highly inclined disk-dominated galaxies.