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  • Provider Food Expense

    Can meals be claimed that i pay for myself when at a conference, training, or our child care association meeting?

  • #2
    Own food

    You can only deduct food for yourself when you are on a business trip and stay overnight away from home. When you do this, you can deduct 50% of the cost of the food you eat, or claim a standard rate of $46 a day (divided by 2). This rate is higher in larger towns. See IRS publication 1545 for details.

    Join me for my "2011 Family Child Care Tax Update: How to Reduce Your Taxes" webinar on February 9th, 8:30-10:00pm Eastern time. For details:http://events.r20.constantcontact.co...&llr=yatrx4cab
    http://www.tomcopelandblog.com

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    • #3
      Does this mean that any lunches purchased for my assistant aren't tax deductible either?

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      • #4
        lunch for assistant

        Originally posted by wdmmom View Post
        Does this mean that any lunches purchased for my assistant aren't tax deductible either?
        You can deduct the cost of the lunch (or snacks) served to your assistant. Use the standard meal allowance rate for these meals and snacks, unless you want to safe receipts and estimate the actual cost of the food served.
        http://www.tomcopelandblog.com

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        • #5
          Originally posted by TomCopeland View Post
          You can deduct the cost of the lunch (or snacks) served to your assistant. Use the standard meal allowance rate for these meals and snacks, unless you want to safe receipts and estimate the actual cost of the food served.
          What about fast food lunches? You can only deduct the standard meal allowance not the face value?

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          • #6
            standard meal allowance

            Originally posted by wdmmom View Post
            What about fast food lunches? You can only deduct the standard meal allowance not the face value?
            You either use the standard meal allowance rule for all your meals and snacks or the actual food cost for all meals and snacks. Therefore, when using the standard meal allowance rule, a fast food lunch is still only deductible at $2.22 a meal.
            http://www.tomcopelandblog.com

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