TaxGuided
United States IRC sections

Statute section

IRC section 274

Disallowance of certain entertainment, etc., expenses

Country

United States

Section

274

Updated

2026-05-20

Operative text

Section 274 disallows deductions for various entertainment, meals, gift, and listed-property expenses unless strict substantiation requirements are met. TCJA generally eliminated the deduction for business-entertainment expenses for 2018 and later.

Amendment history

2017-12-22

Pub. L. 115-97

TCJA eliminated the business-entertainment expense deduction.

Cross-references

26 U.S.C. 162

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