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Business & farm
Yes, the cost of the gifts you send to your customers is deductible. The maximum value of gifts that can be deducted is $25 per person.
Additional information about gifts can be found here: https://www.irs.gov/publications/p463/ch03.html
You will want to include this expense in Other miscellaneous expenses. For the description, please enter Client gifts (or customer gifts).
May 31, 2019
7:52 PM