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Intuit Community Champion
November 16, 2021

Per Diem Meals

  • November 16, 2021
  • 1 reply
  • 2 views

Just for everyone's info, it looks like the irs is allowing per diem meals to be taken at 100%. 

​​​​​​​ Notice 2021-63 provides guidance regarding the temporary 100-percent deduction for expenses that are paid or incurred after December 31, 2020, and before January 1, 2023, for food or beverages provided by a restaurant for purposes of § 274(n)(2)(D) of the Internal Revenue Code. In particular, the notice sets forth a special rule that allows a taxpayer to treat the meal portion of a per diem rate or allowance as being attributable to food or beverages provided by a restaurant.

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    1 reply

    BobKamman
    Level 15
    November 16, 2021

    IRS is allowing it because Congress enacted it and it was signed into law by a guy who sells a lot of foods and beverages in his restaurants and bars.  

    Intuit Community Champion
    November 16, 2021

    Some preparers were wondering if the 100% for meals were going to be allowed for per diem meals. I felt they would be, but until now there was no guidance from irs.