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Business Meal Deduction on Form 1120-S (TY2022)
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?
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There are two lines to enter meals on (a least in Lacerte, PTO's big sister). Make sure you picked the correct one.
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