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Does a parking ticket received during a business meeting count as an expense?

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Does a parking ticket received during a business meeting count as an expense?

Fines (such as those levied for parking tickets) are not deductible as business expenses.

See Publication 535 (2022), Business Expenses | Internal Revenue Service (irs.gov)

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Does a parking ticket received during a business meeting count as an expense?

No, parking tickets are not deductible. Fines are not considered a necessary expense for the production of income.

View solution in original post

2 Replies

Does a parking ticket received during a business meeting count as an expense?

Fines (such as those levied for parking tickets) are not deductible as business expenses.

See Publication 535 (2022), Business Expenses | Internal Revenue Service (irs.gov)

Does a parking ticket received during a business meeting count as an expense?

No, parking tickets are not deductible. Fines are not considered a necessary expense for the production of income.

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