I own a backpacking business. Are costs of the food purchased for the overnight trips considered 50% or 100% deductible?

wonka2189 · ‎June 4, 2019

DanielV01 · ‎June 4, 2019

That qualifies for the 100% deduction. The meal is a part of the enterprise itself (similar to a restaurant can claim 100% food costs). The 50% deduction is taken, for example, when a business owner goes out with a potential client to a restaurant with the intention of generating more business and pays for the meal.

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