Meal expenses in Self employment expense ? Can I take 50% or the software does that ? Is there a maximum allowed ?
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1 Replies
AHMiah1
Level 3
Dec 2, 2022 11:35:30 AM
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 abouttax deductions for self-employedandhow to deduct meal and travel expenseshere are two articles by TurboTax.