As with all questions having to do with tax law, please consult a legal, tax, or accounting professional for definitive answers to your specific question(s). Nonprofit organizations please see What is the Monetary Value of Volunteer Time?.
No. If you provide professional services for free to a qualifying nonprofit organization, you cannot claim a tax deduction for the value of your time or services on your income taxes, according to IRS Publication 526: Charitable Contributions (see the section, "Contributions You Cannot Deduct").
Also excluded are blood donations to the Red Cross or to blood banks and the income lost while volunteering for a qualified organization. However, you may be able to deduct documented, unreimbursed, out-of-pocket expenses that you paid in order to volunteer, like uniforms or transportation. Please see Publication 526 for specific examples of what expenses can and cannot be deducted.
Have a question about this topic? Ask us!
Foundation Center's Ask Us service will answer your questions within one business day.Ask Us