posted Apr 1, 2012, 9:13 AM by Patty Langlois
Generally, you must keep a log of your meal expenses and save receipts for amounts of $75 or more. The meal receipt must show the: 1) name and location of the restaurant, 2) the number of people served, 3) the date and amount of the expense. Either track the actual costs of your meals, or use the standard meal allowance, if you qualify. In general, you may only claim a deduction for 50 percent of the unreimbursed cost of your meals.
Under specific circumstances, 100 percent of the cost of meals may be deductible. Contact me for details.