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    #1

    per diem

    c corp; accountable plan; shareholder-employee get $25 per diem per day for going out of town. The actual meals expenses is higher than $25. Can the c corp deductable $25 or 50% of that amount?
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    #2
    The 50% limitation is applied to the per diem amount. So the C Corp can deduct $12.50 in your example.

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      #3
      Originally posted by KJ Judd
      The 50% limitation is applied to the per diem amount. So the C Corp can deduct $12.50 in your example.
      See my response on the other post that disagrees with this opinion.

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