I have been researching and I have yet to find a solid answer within The TaxBook. Is in-kind services tax deductible?
If so where can I find it.
Please Help!
If so where can I find it.
Please Help!
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Last edited by Riley's BKS; 04-13-2015, 04:53 PM. -
What do you mean when you say "in-kind services", and what type of deduction are you asking about?
If you are asking what I think you are asking, the answer is "no"."The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith -
A client brought me a volunteer time sheet and it stated that the form could be submitted as in-kind contributions for North Central Planning and development Agency.Comment
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They might be able to use it for some grant purposes or other reporting for the organization, but if they're thinking they get a tax deduction for the value of their time, then they are mistaken."The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
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