|
Re: Groceries
It would be unreasonable to think that you could buy $20 worth of food to prepare in your truck, take the tax deduction, and then take the $52 Standard meal allowance deduction. The IRS regulations are clear that you may deduct actual expenses for food OR deduct the Standard meal allownance; it's all of one or the other. I'll buy Chet a dinner if I'm wrong in my understanding.
__________________
Terry and Rene'
Cargo Van Owner/Operators.
FedEx Custom Critical 1989 - 2008
|