<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>topic Buying Meals for Team in Deductions &amp; credits</title>
    <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/buying-meals-for-team/01/3522775#M339112</link>
    <description>&lt;P&gt;I am a manager who works in a large company. At the end of the year, I typically take my team out to lunch to celebrate the work we did together. I pay for this out of my own pocket because my company's policy does not allow me to expense it. I am not the owner of the company. Can I deduct these expenses as business gifts or anything else?&lt;/P&gt;</description>
    <pubDate>Thu, 27 Feb 2025 06:20:51 GMT</pubDate>
    <dc:creator>jmg11</dc:creator>
    <dc:date>2025-02-27T06:20:51Z</dc:date>
    <item>
      <title>Buying Meals for Team</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/buying-meals-for-team/01/3522775#M339112</link>
      <description>&lt;P&gt;I am a manager who works in a large company. At the end of the year, I typically take my team out to lunch to celebrate the work we did together. I pay for this out of my own pocket because my company's policy does not allow me to expense it. I am not the owner of the company. Can I deduct these expenses as business gifts or anything else?&lt;/P&gt;</description>
      <pubDate>Thu, 27 Feb 2025 06:20:51 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/buying-meals-for-team/01/3522775#M339112</guid>
      <dc:creator>jmg11</dc:creator>
      <dc:date>2025-02-27T06:20:51Z</dc:date>
    </item>
    <item>
      <title>Re: Buying Meals for Team</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-buying-meals-for-team/01/3522966#M339127</link>
      <description>&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;No, probably not. &amp;nbsp;The meal expenses would be considered employee business expenses and they are not deductible on your Federal return.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;If you are a W-2 employee, then those expenses are entered on Form 2106 as part of your Federal return. &amp;nbsp;However, they cannot be deducted on your Federal return due to the Tax Cuts and Jobs Act passed in 2017. &amp;nbsp;This suspended the Federal deduction for employee business expenses for tax years 2018 through 2025 for everyone except a few very specific types of employees. &amp;nbsp;&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;That being said, some states did not conform to the Federal change and they still allow a deduction. &amp;nbsp;&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;You can enter your expenses by going to &lt;STRONG&gt;Deductions and Credits &amp;gt; Employment Expenses &amp;gt; Job-related Expenses&lt;/STRONG&gt;. &amp;nbsp;Your Federal return will not be affected by these entries, but if your state allows the deduction, then the information you enter will be transferred to your state return.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;For more information, see the following TurboTax help article:&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;A href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/employees-deduct-job-related-expenses/L5b07gqy7_US_en_US" target="_blank"&gt;&lt;SPAN style="font-size:14px;"&gt;Can employees deduct any job-related expenses?&lt;/SPAN&gt;&lt;/A&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Thu, 27 Feb 2025 12:42:52 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-buying-meals-for-team/01/3522966#M339127</guid>
      <dc:creator>AnnetteB6</dc:creator>
      <dc:date>2025-02-27T12:42:52Z</dc:date>
    </item>
  </channel>
</rss>

