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March 24, 2025
Question

Meals for Ranch Help

  • March 24, 2025
  • 1 reply
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I own a ranch and provide meals for the independent contractors. ( $2500 for the season). 

 Do I list this under misc. expenses as catering or under supplies? Does this follow the 2024 rule of 100% or 50% deduction? 

Thanks, 

Cordelia

 

    1 reply

    March 24, 2025

    Currently, meals are back to the 50% allowable deduction.  Meals are listed in lines 32a through 32f of Schedule F, under all other ordinary expenses.  

     

    To go back to your Schedule F:

     

    1. Go to the Wages & income section
    2. Select Farm Income and Farm Rental
    3. In the Tell Us About Your Farm or Farm Rental Income, make sure to select all the types of income you received

    IRS Schedule F Instructions 

     

    What is Schedule F: Profit or Loss from Farming