turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Deciphering Your Tax Forms on Feb 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies
KrisD
Intuit Alumni

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

How do you have partners if you are a sole proprietor?

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

partners on the team for the project e.g. other consultants.
Leonard
Intuit Alumni

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

The meal expenses that you provide at your project meetings are 50% deductible meals.

50% deductible meal expenses are for business meeting of employees, stockholders, agents and directors. Office meetings and partner meetings fall into this category. If there is no business function to the meal, it is completely nondeductible for tax purposes.

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

Thanks, I have seen that citation. What is still unclear is the people I am hosting are not employees, stockholders, agents and directors of my business to which this reference refers directly. These are my clients and/or project team members (employed by others but we are temporarily working together to fulfill a contract). Is this the only guidance that applies in this situation.
Leonard
Intuit Alumni

I host project (not sales) meetings for clients and partners in my office (sole-proprietor). When I have catered food or get it delivered, can I deduct at 50% or 100%?

You are providing meals in a business work environment so the guidance applies.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question