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Level 1
posted Mar 28, 2025 6:06:17 PM

Question about charitable donation deductions

If I use about $50 worth of fabric thread batting etc. and create a quilt worth about $400 to $500 and give it to the Quilts of Valor Foundation for them to give to a Veteran or Service Member would I take off the $50 worth of supplies used to create the quilt or the completed value?

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1 Replies
Level 15
Mar 28, 2025 6:09:45 PM

No You can only deduct the cost of materials not your time or labor.