Can I deduct donations of labor to a charity?

[craigd_829]

I used to run a DJ business, and now donate my services a few times a year to an approved non-profit organization. If I have them sign a receipt stating the cost of services I'm providing, can I deduct it on my tax return?

[jerry2000 · Accepted solution]

Unfortunately, no.
See IRS Publication 526, Charitable Contributions,
 page 7:
“you can not deduct the value or your time or your services”
http://www.irs.gov/pub/irs-pdf/p526.pdf

See IRS Publication 334, Tax Guide for Small Businesses
http://www.irs.gov/pub/irs-pdf/p334.pdf
Chapter 8, under Expenses that you can not deduct
Charitable Contributions

[craigd_829]

Bummer. Thanks!

[Wm-Sutterfield]

and the spirit of volunteerism flickers to 999 points of light ...