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February 20, 2025
Question

Donations

  • February 20, 2025
  • 1 reply
  • 0 views

If we had a meal & when we paid the receipt, they asked if we wanted to add more to the bill to donate to an organization, would y'all break up the expense to show part of it was meal - part of it was 'donation'? Or would it have to be over a certain $$ amount before you did so & the expense would all be recorded towards meals? Thx!

1 reply

FishingForAnswers
February 20, 2025

@lisa-2i-t-com  When it comes to income taxes, meal expenses are iffy at best. Even if you do get to claim them as expenses, it'll usually only be a portion of the cost you get to claim, not the full amount you paid for the meals.

 

Donations are a different thing and should be tracked separately.