For business meals, should I enter the amount at 100% or at the 50% amount. If at 100% does Turbotax make the reduction?

[mesquitebean]

You're welcome.  Good luck.

[onewebb]

I've been using Turbotax for years and this is a great question.  TURBOTAX SHOULD DO A BETTER JOB OF EXPLAINING THIS.  It is listed under "Travel Expense"  with the bullet point "50% of meal expenses".  How does that make it easy to determine the proper amount to input?

[ksholdaway]

Unfortunately, I'm not seeing a screen that is offering me that. I have revisited several times to no avail.

[JamesG1]

Under your self-employment activity, Click on Add expenses for this work to access 100% or 50% meal expenses.  To report 50% meal expenses, enter $2 and the software reports $1 as the deductible expense.

The temporary exception allows a 100% deduction for food or beverages from restaurants, as long as the expense is paid or incurred in 2021 or 2022.

@ksholdaway

[Orlando 1967]

Do I list the 50% deductible meals in the 100% deductible meals section for 2022 schedule c taxes?

[TeresaM]

For 2022, business meals at a restaurant can be expensed at 100%.  It was part of covid relief legislation. 

This is an older thread, so some of the answers refer to 50% in 2020 or 2019.  JamesG1, above, has noted this link with more information about the temporary exception.

@Orlando 1967

[Orlando 1967]

So why does TurboTax audit alert increas from low to medium if you put the meals at 100% for 2022?

[TomK2023]

Business meals can be allowable, but exceeding the occupational norm by a great amount invites an audit (e.g., 20% above occupational norms).. Business meals oftentimes can be a blurred line, so be sure to document what is and isn't a personal expense.  As long as you have good documentation for meal expenses, you should be fine even if you are audited.