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Employee
April 14, 2019
Question

50% or 100% meal expense?

  • April 14, 2019
  • 1 reply
  • 0 views

Hire day labor and myself work on rental property, provide meal to day labor and myself. Should I calculate full payment of meal of or 50% of the meal as expense? 

    1 reply

    HollyP
    Employee
    April 14, 2019

    In TurboTax, you enter in 100% of the total meal expenses, in the section titled 50% meal limitation. TurboTax will automatically limit the total meal expense entered to 50% accurately. Please see our article for more info: What types of meal and entertainment expenses are 100% ...

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