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Can you deduct the value of your time donated to charity?
March 16, 2010
No way, no how, explains TaxGrrrl:
Nope, it doesn’t make a difference if you can value your services or not – the donation of personal services is never deductible as a charitable donation. I can value my services pretty easily since, in many instances, I charge by the hour as an attorney. But it doesn’t matter: the IRS will not allow you to assign a value to your time for the purposes of a donation.
Sometimes a good deed is truly its own reward.
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