Print this page    •   Back to Web version of article

Tax Deductions for Volunteers

March/April 2004

Few are the volunteers who choose to contribute their time because of the fantastic tax breaks they receive for doing so. But the fact is, if you volunteer regularly for an organization there are some expenses you can deduct from your taxes, as long as you itemize. The deductible expenses may be treated as charitable contributions. You may, for instance, deduct:


What May You Not Deduct?

It is up to the volunteer to substantiate her/his deductions if the IRS should question them. You must be able to show the connection between costs claimed and volunteer work performed. Be sure to keep all relevant receipts, canceled checks, logs and diary entries.




This article was provided by AIDS Survival Project. It is a part of the publication Survival News. You can find this article online by typing this address into your Web browser:
http://www.thebody.com/content/art32350.html

General Disclaimer: TheBody.com is designed for educational purposes only and is not engaged in rendering medical advice or professional services. The information provided through TheBody.com should not be used for diagnosing or treating a health problem or a disease. It is not a substitute for professional care. If you have or suspect you may have a health problem, consult your health care provider.