Volunteering: What's Deductible?

If you regularly do volunteer work for a nonprofit organization, it would be nice if you could take a little something off your taxes in return for the time you spend. Unfortunately, the IRS doesn't see it that way. You can't deduct the value of the time you serve.

However, you may be able to deduct some out-of-pocket expenses directly related to your volunteer service.

POTENTIAL DEDUCTIONS

If you represent the charity at an out-of-town conference, you may be able to deduct your travel expenses, including meals and lodging.

Or, if you entertain potential donors, the cost of their meals (but not yours) may be tax deductible.

TRANSPORTATION

You may have another shot at a tax break. If you use your car to perform services for a charity, you can deduct 14¢ a mile. Alternatively, you can deduct your actual expenses to operate the car (gas, oil, etc.). You can deduct tolls and parking fees under either method.

OTHER EXPENSES

Expenses you incur, such as uniforms, supplies, postage and meals—while you volunteer are tax-deductible, as long as they aren't reimbursed by the charity.