safcpa
Level 3
 
0 Cheers
sjrcpa
Level 15

Only for accounting income purposes, not as a tax deduction.


Ex-AllStar
BobKamman
Level 15

Depends on the facts and circumstances

California allows 2% deductions. 

0 Cheers
sjrcpa
Level 15

My answer was for federal. CA is different. NY, too.


Ex-AllStar