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New Member
posted Jan 4, 2023 3:37:03 AM

When entering the Meals 50% limit: do I take 50% of the amount first and then enter into the field or do I enter the full amount of the meals and TT takes the 50%?

Example:  My total meals (50%) is actual cost of $1,000.  Do I put $1,000 into the Turbo Tax field or do I do the 50% calculation first and put $500 into Turbo Tax.

0 3 802
3 Replies
Level 15
Jan 4, 2023 7:10:53 AM
Level 15
Jan 4, 2023 9:37:59 AM

100% turbotax will computer the 50% limit.

 

New Member
Jan 5, 2023 7:30:05 PM

Thank you.