topic Donations in Deductions & credits

Donations

kvoigt — Fri, 21 Feb 2020 00:35:47 GMT

I am a nurse practitioner and performed 56 exam for a nonprofit agency for their pre-k children. The total amount for these exams is over $8000.00 and the agency was not charged. Where do I put this large dollar donation in my taxes. I have a letter from the agency signed supporting this donation in kind.

Sincerely,

Kathleen

Re: Donations

xmasbaby0 — Fri, 21 Feb 2020 00:46:57 GMT

Sorry, You cannot deduct anything for volunteering your time, skill or expertise. If you incurred expenses like mileage or supplies, you can deduct that.

Re: Donations

2Fairbanks — Mon, 02 Mar 2020 16:32:06 GMT

IF I DONATE CASH TO A 501C3 ORGANIZATION, DO I NEED A 'DONATION LETTER'?

Re: Donations

LeonardS — Mon, 02 Mar 2020 16:44:55 GMT

Yes, you will need a letter if you gave more than $250 to the 501(c)(3) organization. The IRS requires public charities to provide a formal acknowledgment letter for any donation of more than $250. You may use this letter as proof of your contribution in claiming the tax deduction.