Meal expenses in Self employment expense ? Can I take 50% or the software does that ? Is there a maximum allowed ?

 

Self-employed

When inputting your meal expense amount, you would input the amount after you deducted 50%. A simplified method of claiming meal expenses is that you can claim a flat amount per meal. A claim of $23 per meal to a maximum of $69 per day was allowed for meals. If you'd like to more about tax deductions for self-employed and how to deduct meal and travel expenses here are two articles by TurboTax. 

 

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