Ranch Catering Deductions for Hired Help

[4Cordelia]

I own a ranch and provided lunch and dinner to all the hired help.  Do I list the cost of food purchased from restaurants or at the grocery store under supplies, meals on -premises, or catering expense?  Does this fall under the 2024 IRS ruling of only 50% deductible? 

[VictoriaD75]

Yes. This would be a meals expense subject to the 50% limitation. List the cost of the meals regardless of source as a meals expense. If you enter 100% of the expense, the software will calculate the 50% limitation. 

Publication 463

Meals Expense

@4Cordelia