cancel
Showing results for 
Search instead for 
Did you mean: 
hcic
Level 1

Funeral flowers

We purchased and sent flowers for the funeral of an employee. Which Account should this fall under?

Solved
Best answer September 07, 2017

Best Answers
Raywhite28
Level 7

Funeral flowers

I'd put it in Gifts. However, gifts are limited to $25 per year per individual. See IRS  publication 463.

View solution in original post

8 Comments 8
Raywhite28
Level 7

Funeral flowers

I'd put it in Gifts. However, gifts are limited to $25 per year per individual. See IRS  publication 463.

hcic
Level 1

Funeral flowers

Thanks . . . it was over $100

Raywhite28
Level 7

Funeral flowers

That was my opinion.

 

you should check with your accountant. They are in the best position to advise you.

qbteachmt
Level 15

Funeral flowers

A dead employee didn't get a gitft. Put this to Office Supplies.

Raywhite28
Level 7

Funeral flowers

Actually, publication 463 doesn't mention gifts having to be to a person who is alive. The gift can go to their estate. It also can go to the family of the employee.

 

check with your accountant on this. They are in the best position to advise you.

SteveM
Level 1

Funeral flowers

Use De Minimis Fringe Benefit Rules to Deduct Tax-Free Gift of Flowers to Employee.

Ladyfalcon
Level 1

Funeral flowers

How is this entered in QB?

AshleyAnnFL
Level 1

Funeral flowers

We put it under "Other Business Expenses" if that helps you. 

Need to get in touch?

Contact us