January 31st, 2017 → 10:00 am @ Carol
Earlier this year, an author asked me this question related to tax deductions:
I have a question that I’ve never seen answered anywhere. I write usually 6-8 hours a day in a coffee shop. Are my meals there and/or my coffee and tea I drink at all tax deductible?
Great question! Meals are deductible while you are traveling away from your tax home (meaning the city where your business is located) or if you are entertaining a client or customer. Only 50% of the cost of meals is deductible.
What you described is a personal expense and not a tax deduction. Sorry…
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Carol Topp, CPA
Tags: author, IRS, tax deduction, taxes, writers