If you run 5k's & the money goes to a charity, does that count as a deduction?

[Carl]

No. The money was never paid to "YOU" as taxable income. So you can't deduct from your taxable income, that which you never paid taxes on to begin with.

[gpalli062aol-com]

Thank you!

[ValerieE · Accepted solution]

If you are talking about the money you paid to enter the race the answer would still be no unfortunately.  Even if the entry fee went to a recongized charity you received a benefit from the fee by being able to participate in the race. IRS rules say that donations are not deductible when the donor receives a benefit. 

If you can determine that the benefit is less than the amount paid to the charity you may be able to take a partial deduction.  To use this you must receive a statement from the organization stating the value of the benefit you received.  Please see the IRS website for more detailed information on this type of donation.

[gpalli062aol-com]

Thank you!

[ValerieE]

You are very welcome!