TeriH
Employee Tax Expert

Self employed

Great question!

 

Qualified business meals purchased from a restaurant in 2021 and 2022 are 100% deductible. However, for purchases made in 2023 and beyond, the rules established in the Tax Cuts and Jobs Act apply, which means restaurant expenses are once again subject to the 50% limit on deductibility.

Unless of course, the law changes, again.  

Best wishes,

teri

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