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tiffanylyoung89
New Member

Meal expenses 50 or 100% off?

If my meal expenses for travel were to continue a business relationship and it was mandatory that I attend, do I still only receive 50% expense discount?
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Accepted Solutions
KrisD
Intuit Alumni

Meal expenses 50 or 100% off?

The only time you do not have the 50% limit meals is if they are reimbursed by your employer. (which only means you are not taxed on 50% of the reimbursement)


Entertainment is no longer deductible starting tax year 2018. 


[edited 02/01/2019 I 5:08 pm]

https://www.irs.gov/publications/p463/ch02.html 





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1 Reply
KrisD
Intuit Alumni

Meal expenses 50 or 100% off?

The only time you do not have the 50% limit meals is if they are reimbursed by your employer. (which only means you are not taxed on 50% of the reimbursement)


Entertainment is no longer deductible starting tax year 2018. 


[edited 02/01/2019 I 5:08 pm]

https://www.irs.gov/publications/p463/ch02.html 





View solution in original post

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