3116193
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can you deduct the full amount paid for Christmas gifts to customers, or is it just $25 per individual on your business tax return?

If I am remembering correctly, I think you are only allowed $25 per individual as an expense on the tax return. We have spent about $600, so I wanted to double-check. 

We are an LLC, taxed as a partnership. Thank you.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ee-ea
Level 15

Can you deduct the full amount paid for Christmas gifts to customers, or is it just $25 per individual on your business tax return?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question