Tuesday, July 28, 2009

Can standard meal allowance be used on one day business trips for a schedule C tax deduction?

No, you can only deduct 1/2 the cost of your meals or the per diem allowance if your travel is overnight.

Can standard meal allowance be used on one day business trips for a schedule C tax deduction?
M%26amp;IE$39$44$49$54$59$64


Breakfast789101112


Lunch111213151618


Dinner182124262931


Incidentals333333


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