Is Donated Leave Tax-Deductible?

Answer People who donate leave to needy fellow employees sometimes live the idiom that "no good deed goes unpunished," because they might end up paying taxes on that donation rather than receive a deducti... Read More »

Top Q&A For: Is Donated Leave Tax-Deductible

Is donated leave tax deductible?

Donated leave is not tax deductible, because unlike a cash donation is does not affect any taxable income. According to an IRS FAQ sheet on leave donations for victims of Hurricane Katrina, "Since ... Read More »

Is money donated to lobbying efforts tax-deductible?

Contributions to lobbying activities and campaign contributions are not deductible on federal tax returns. Lobbying is any activity to directly influence public policy. Campaign contributions inclu... Read More »

Is shared leave tax deductible?

Shared leave and donation of vacation time into a pool are not tax deductible for the donor, according to the Staff Shared Leave Pool's Frequently Asked Questions at the University of Kentucky, ba... Read More »

What is the minimum deductible for high deductible health plans?

The minimum deductible for a high deductible health plan is $1,200 for an individual and $2,400 for families in 2010 and is set by the U.S. Department of the Treasury. This is up from $1,150 and $2... Read More »