Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
mike47
New Member

As a freelance photographer (sole proprietor), I give Christmas gifts to my best clients, usually in the form of Starbucks gift cards. Are those gift cards deductible?

 
1 Best answer

Accepted Solutions
JohnW15
Intuit Alumni

As a freelance photographer (sole proprietor), I give Christmas gifts to my best clients, usually in the form of Starbucks gift cards. Are those gift cards deductible?

Yes, they are.  However, the deduction is generally limited to $25 per client, per year (plus incidental expenses, such as packaging and mailing).

Please see "$25 Limit" on page 14 of IRS Publication 463, Travel, Entertainment, Gift, and Car Expenses  for more information.

View solution in original post

3 Replies
JohnW15
Intuit Alumni

As a freelance photographer (sole proprietor), I give Christmas gifts to my best clients, usually in the form of Starbucks gift cards. Are those gift cards deductible?

Yes, they are.  However, the deduction is generally limited to $25 per client, per year (plus incidental expenses, such as packaging and mailing).

Please see "$25 Limit" on page 14 of IRS Publication 463, Travel, Entertainment, Gift, and Car Expenses  for more information.

mike47
New Member

As a freelance photographer (sole proprietor), I give Christmas gifts to my best clients, usually in the form of Starbucks gift cards. Are those gift cards deductible?

Very helpful, thanks so much!
JohnW15
Intuit Alumni

As a freelance photographer (sole proprietor), I give Christmas gifts to my best clients, usually in the form of Starbucks gift cards. Are those gift cards deductible?

You're welcome!  Have a great week!
Dynamic AdsDynamic Ads
Privacy Settings
v