100% deductible meals
100%
Can You Write Off 100% Deductible Meals?
Short answer: Meals at company-wide parties or picnics, meals sold to customers, and meals reported as employee wages are still 100% deductible.
Business meals are generally 50% deductible; entertainment is 0%, and the few 100% exceptions are narrow.
Records to keep: Keep the receipt, proof of payment, and a note or log showing business use; for mixed-use items, track the business percentage.
100% deductible meals
100%
General Business
Meals at company-wide parties or picnics, meals sold to customers, and meals reported as employee wages are still 100% deductible.
Business justification
Meals at company-wide parties or picnics, meals sold to customers, and meals reported as employee wages are still 100% deductible. Business meals are generally 50% deductible; entertainment is 0%, and the few 100% exceptions are narrow.
Category
- Business Equipment & Products