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Can I deduct a business gift given on my Schedule C?
Yes, within limits.
From the IRS:
If you give business gifts in the course of your trade or business, you can deduct all or part of the costs subject to the following limitations:
- You deduct no more than $25 of the cost of business gifts you give directly or indirectly to each person during your tax year.
- If you and your spouse both give gifts to the same person, both of you are treated as one taxpayer.
- Incidental costs such as engraving, packing or shipping aren't included in the $25 limit if they don't add substantial value to the gift.
- For purposes of the $25 per person limit, don't consider gifts costing $4.00 or less that have your business name permanently engraved on the item and which you distribute on a regular basis.
- You need to have records that prove the business purpose of the gift as well as the details of the amount spent."
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Can I deduct a business gift given on my Schedule C?

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Can I deduct a business gift given on my Schedule C?
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Can I deduct a business gift given on my Schedule C?
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Can I deduct a business gift given on my Schedule C?
Yes, within limits.
From the IRS:
If you give business gifts in the course of your trade or business, you can deduct all or part of the costs subject to the following limitations:
- You deduct no more than $25 of the cost of business gifts you give directly or indirectly to each person during your tax year.
- If you and your spouse both give gifts to the same person, both of you are treated as one taxpayer.
- Incidental costs such as engraving, packing or shipping aren't included in the $25 limit if they don't add substantial value to the gift.
- For purposes of the $25 per person limit, don't consider gifts costing $4.00 or less that have your business name permanently engraved on the item and which you distribute on a regular basis.
- You need to have records that prove the business purpose of the gift as well as the details of the amount spent."
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Can I deduct a business gift given on my Schedule C?
"?If you and your spouse both give gifts to the same person, both of you are treated as one taxpayer."
Doesn't apply in this specific instance, since it's the business giving the gift and it was specifically noted a "SCH C" business which can only have one owner. Note that a business gift is not a SCH A itemized deduction.

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Can I deduct a business gift given on my Schedule C?
If you give gifts in the course of your trade or business, you can deduct all or part of the cost. You can deduct no more than $25 for business gifts you give directly or indirectly to each person during your tax year.
SEE IRS PUBLICATION 463 THE GIFT SECTION FOR MORE INFORMATION
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Can I deduct a business gift given on my Schedule C?
Business gifts are deductible up to $25 (see specifics in the tax code), and this $25 is in addition to shipping/tax. But I will tell you based on some Schedule C audits, the IRS thinks it is just $25.... eg. You send flowers for $50....$25 is for the flowers and $25 is for delivery/tax. The whole $50 should be deductible as a business expense, but the IRS adjusted it to $25, which actually isn't correct.
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Can I deduct a business gift given on my Schedule C?
Business gifts are deductible up to $25 (see specifics in the tax code), and this $25 is in addition to shipping/tax. But I will tell you based on some Schedule C audits we are aware of, the IRS thinks it is just $25.... eg. You send flowers for $50....$25 is for the flowers and $25 is for delivery/tax. The whole $50 should be deductible as a business expense, but the IRS adjusted it to $25, which actually isn't correct.
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Can I deduct a business gift given on my Schedule C?
To handle reporting the extra costs over $25 for business gifts for delivery and tax, report that extra amount under "Other business expenses as postage/delivery" and the tax a separate line as well.
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