Meals for Ranch Help

I own a ranch and provide meals for the independent contractors. ( $2500 for the season).

Do I list this under misc. expenses as catering or under supplies? Does this follow the 2024 rule of 100% or 50% deduction?

Thanks,

Cordelia

467

Expert Alumni

Mar 24, 2025 4:38:24 PM

Currently, meals are back to the 50% allowable deduction. Meals are listed in lines 32a through 32f of Schedule F, under all other ordinary expenses.

To go back to your Schedule F:

Go to the Wages & income section
Select Farm Income and Farm Rental
In the Tell Us About Your Farm or Farm Rental Income, make sure to select all the types of income you received