Standard Meal Deduction - 2018

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  • Baby Beluga
    Daycare.com Member
    • Aug 2014
    • 3891

    Standard Meal Deduction - 2018

    Tom - just confirming. The standard meal deductions for 2018 are:

    $1.31 breakfast
    $2.46 lunch/supper
    $.73 snack

    Is this correct?

    I am not on the food program.
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    standard meal allowance

    Originally posted by Baby Beluga
    Tom - just confirming. The standard meal deductions for 2018 are:

    $1.31 breakfast
    $2.46 lunch/supper
    $.73 snack

    Is this correct?

    I am not on the food program.
    Yes, you can use these rates for 2018. They are the same for 2019.
    http://www.tomcopelandblog.com

    Comment

    • jenboo
      Daycare.com Member
      • Aug 2013
      • 3180

      #3
      If I use the standard meal deductions, do i still claim food purchases or no? If not, do i need go keep receipts for food still?

      Comment

      • TomCopeland
        Business Author/Trainer
        • Jun 2010
        • 3062

        #4
        standard meal allowance rule

        Originally posted by jenboo
        If I use the standard meal deductions, do i still claim food purchases or no? If not, do i need go keep receipts for food still?
        When you use the standard meal allowance rate to claim food expenses you do not save any food receipts. You do not deduct the actual cost of the food. You add up the meals and snacks you serve the day care children and deduct up to one breakfast, one lunch, one supper and three snacks per day per child. The rates for 2019 are $1.31 breakfast, $2.46 lunch/supper and $.73 snack. The rates for 2020 have not yet been released.
        http://www.tomcopelandblog.com

        Comment

        • jenboo
          Daycare.com Member
          • Aug 2013
          • 3180

          #5
          Originally posted by TomCopeland
          When you use the standard meal allowance rate to claim food expenses you do not save any food receipts. You do not deduct the actual cost of the food. You add up the meals and snacks you serve the day care children and deduct up to one breakfast, one lunch, one supper and three snacks per day per child. The rates for 2019 are $1.31 breakfast, $2.46 lunch/supper and $.73 snack. The rates for 2020 have not yet been released.
          Thanks! What counts for infants (under 1) when recording their meals?

          Comment

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