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TAX BREAKS AND PRECIOUS BODILY FLUIDS
August 15, 2007
The Tax Girl answers a reader question:
I regularly donate blood to the Red Cross. Can I deduct this on my taxes?
Short answer: no. But if you give a little more of yourself, a number of states, including Iowa, offer tax incentives to reimburse live organ donors for expenses incurred in giving, say, a spare kidney. Iowa offers a one-time deduction for travel and lodging costs and lost wages incurred in live donation, up to $10,000 (Iowa Code 422.7(44)).
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