Is the time you volunteer tax deductible?

Answer The IRS does not permit you to deduct the value of the time you spent volunteering; however, you may deduct costs you incurred such as gas for the drive to the volunteering site as a charitable con... Read More »

Top Q&A For: Is the time you volunteer tax deductible

Is volunteer work in a Hospital tax deductible?

Volunteer work is not deductible. Otherwise, I would not owe any tax!

I would like to have time to volunteer with the sheriffs department as a Reserve Officer?

As a member of a very active Wilderness Search and Rescue team (volunteers working with the Sheriff’s department), and its Medical Director for more than 25 years, I can tell you that being an Em... Read More »

Is the donation of time to a charity tax-deductible?

The Internal Revenue Service does not allow you to deduct the value of time that you donate to charity. However, you can deduct costs of goods that you use. For example, while you couldn't deduct t... 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 »