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New Member
posted Jun 17, 2023 12:31:22 PM

If I work for a 501c3 and accept a reduced salary, can the difference be recorded as a contribution?

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3 Replies
Level 15
Jun 17, 2023 12:35:51 PM

No.  

Level 15
Jun 17, 2023 12:36:31 PM

No.   You cannot get a tax deduction for giving your time or expertise to a charity.   Even if you are "donating" your time and/or work, sorry, it is not deductible.

Level 15
Jun 20, 2023 7:24:17 AM

Your "tax deduction" is the fact that since you take a lower salary, you already pay less tax.

 

Regardless of the rule that you can never deduct the value of your time to a charity, there is also a more general rule that you can never take something out of your income if it was not included in your income in the first place.