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ked12b
New Member

What type of expense for someone self employed is a networking meeting that includes food?

I don't know where to list it, under "meals" or "professional fees".  It is paid to a chamber of commerce, not the restaurant directly.
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1 Reply
ColeenD3
Expert Alumni

What type of expense for someone self employed is a networking meeting that includes food?

Business meals with clients or potential clients are deductible but only 50%.

 

Enter your meals expenses that are subject to the 50% limitation on line 24b: "Subject to 50% limit."

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