Answered: Business Meal Deduction on Form 1120-S (TY2022)

Kristin2 · ‎03-13-2023

I am preparing a TY2022 1120-S and an automatic adjustment is generating to deduct 50% of business meals. Business meals were still 100% deductible in 2022. Does anyone know how to fix this?

abctax55 · ‎03-13-2023

There are two lines to enter meals on (a least in Lacerte, PTO's big sister). Make sure you picked the correct one.

HumanKind... Be Both

View solution in original post

abctax55 · ‎03-13-2023

There are two lines to enter meals on (a least in Lacerte, PTO's big sister). Make sure you picked the correct one.

HumanKind... Be Both

Kristin2 · ‎03-13-2023

Thanks. I'm exhausted and totally overlooked it. I see it now.

abctax55 · ‎03-13-2023

YVW.... I'm glad *I'm* not exhausted 🤣

HumanKind... Be Both

Business Meal Deduction on Form 1120-S (TY2022)

©1997-2024 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.