Can you deduct your time charitable contribution?

The value of your time is never deductible as a charitable contribution. However, if the charity requires you to wear a special uniform when volunteering or you have to pay to park your car in a garage, these types of expenses can be applied to your charitable deduction for the year.

What can I deduct as a volunteer?

Deductible volunteer out-of-pocket costs include items such as: Away-from-home travel expenses while performing services for a charity (out-of-pocket round-trip travel cost, taxi fares and other costs of transportation between the airport or station and hotel, plus lodging and meals).

What is the value of one volunteer hour?

$28.54
The value of a volunteer hour was estimated at $28.54 in 2020, up $1.34 from $27.20 in 2019, according to assessments by Independent Sector, in partnership with the Do Good Institute at the University of Maryland.

Can you deduct volunteer time on your taxes?

If your volunteers ask whether they can deduct the value of the time they give your organization on their U.S. tax forms, say no. Volunteers who provide professional services for free to a qualifying nonprofit organization cannot claim a tax deduction for the value of their time or services.

Can a volunteer deduct the cost of uniforms?

Uniforms. A volunteer can deduct the cost and upkeep of uniforms that are not suitable for everyday use and that must be worn while volunteering for a charity. For example, a person who volunteers as a Red Cross nurse’s aide at a hospital can deduct the cost of uniforms he or she must wear.

How much do you get for volunteering at a nonprofit?

Example: An individual volunteers three hours of her time in the mail room at a nonprofit organization. Normally, the nonprofit would pay a staff person for this service at a rate of $10 per hour.

How to calculate the value of volunteer time?

As with all questions having to do with tax law, please consult a legal, tax, or accounting professional for definitive answers to your specific question (s). Nonprofit organizations that want to know more about calculating the value of their volunteers, please see What is the Monetary Value of Volunteer Time?