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May 2023
May 2023 Q & A
QUESTION:
Is my mileage for my volunteer work a tax deduction?
ANSWER:
If you don't receive compensation or reimbursement for volunteer driving, you can deduct 14 cents per mile in 2023 or actual expenses for gas and oil. You can't deduct general repairs and maintenance, insurance, or licensing fees.You can also deduct any parking or tolls incurred while volunteering, whether you use the actual expenses or the standard mileage rate.
Be sure to keep contemporaneous records of all miles you drive while volunteering. If the charity reimburses you for gas and use of your personal vehicle, any amount rececived above 14 cents per mile is taxable income to you.
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