You are here:
- Home
- Real Estate
- Tax Planning: U.S.
- Nonprofit Law
- donation of services
Nonprofit Law/donation of services
Advertisement
Question
Mr. Mechanic,
I read an answer you gave explaining that under 501c3, non-profits cannot give tax slips to people for the value of their time.
My question is this: what about services? If a house cleaning service wanted to donate their services to clean a cancer patient's home, could a non-profit give them a charitable donation slip for the amount that they would normally have charged for the service?
Thanks.
Services is the same as time. As to charitable deductions:
See IRS Publication 526 "Charitable Donations"
www.irs.gov/pub/irs-pdf/p526.pdf
IRS 509 http://bit.ly/Qud32
at the top of page 5 is a chart "Table 2" that shows that a
taxpayer "may not deduct as a donation the value of time or
services."
Harvey Mechanic, Attorney at Law -
Harvey108@hotmail.com
Related Articles
- Military Income Tax Information - How to Get Tax Help
- 2003 Military Tax Guide (For 2002 Tax Year) - How To Get Tax Help
- Armed Forces Income Tax Guide - Chapter 18
- Are Pro Bono Services Tax Deductible - Deduct Time Value of Services
- Donations to Charity - Manage Donations to Charity With These Warren Buffett Investment Strategies
Harvey Mechanic
Expertise
US Federal tax issues of nonprofit 501(c)(3) public charities only. Establishing and maintaining legal requirements for such non-profit organizations in the United States, including Internal Revenue service filings and requirements. I will not be working on this free forum to answer questions about Nonprofit's unrelated or for-profit businesses or how to fill out forms. This forum is only for general questions about federal tax law, not as the law applies to your specific situation. To search my previous answers you can do a Google search by "site:allexperts.com/q/nonprofit" without the quotes and then add your search terms before hitting enter.
Experience
I have been practicing law and especially the law of nonprofit organizations since 1990 when I was admitted to the New York Bar.
Education/Credentials
B.S. Columbia University in New York City, 1970
J.D. (Law Degree) Brooklyn Law School, 1990 -- Cum Laude
To inquire to have me work for you on matters beyond what I offer on this free forum contact me at 302.824.0757 or to: Harvey108@hotmail.com.
©2012 About.com, a part of The New York Times Company. All rights reserved.