I volunteer 60 hrs a month for a non profit organization are those hours tax deductable?
I do volunteer work as a graphic designer for a non profit organization. I put into the organization 60 hours a month. I am wondering if that time is tax deductible and how would I file that.
I volunteer 60 hrs a month for a non profit organization are those hours tax deductable?
Unfortunately, no. That is not deductible at all. You can not deduct the value of your time. See IRS Pub. 526, at this link: http://www.irs.gov/pub/irs-pdf/p526.pdf
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