I make quilts for vetrans and active service members that are given to them via the Quilts of Valor Fundation. I purchase fabric spend hours cutting, planning, designing, and sewing quilt tops together. I also have a longarm quilting machine that I will eventurally use to quilt for people as a side busines but for now I am spending my time learning to use it by quilting the tops I make and that others in my QOV group make. I am suppling all of the materials and time as well as transprotation for this endevor and it is not cheap.. I estimate that I have spent well over $1000 for 2024 and will exceed that easily in 2025. Here's my question, can I take these supplies (fabric, batting, thread, bobbins, bobbin cases, etc) as well as the service I had done to my longarm system off on income tax as a charitable deduction? Can I take charitable deductions off even if I don't have enough deductions past the standard deduction? What about my tiime and travel expenses? Any assistance in figuring out what I can and can not do will be greatly appreciated.
