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  2. A nonprofit volunteer fire company. Expenses you paid for a student living with you who is sponsored by a qualified organization. Out-of-pocket expenses for serving as a volunteer for a qualified ...

  3. Charitable contribution deductions in the United States

    en.wikipedia.org/wiki/Charitable_contribution...

    Joy is not entitled to deduct the $10,000 value of "free services" that she performed. Nor is she entitled to deduct the $500 of child care expenses incurred in the week she was volunteering. However, Joy may deduct the $150 car expenses, as well as the $400 hotel expenses incurred in her time volunteering at the camp, for a total deduction of ...

  4. Charitable Deductions for Clients Who Are Volunteers

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  5. Out-of-pocket expense - Wikipedia

    en.wikipedia.org/wiki/Out-of-pocket_expense

    Organizations often reimburse out-of-pocket expenses incurred on their behalf, especially expenses incurred by employees on their employers' behalf. In the United States, out-of-pocket expenses for such things as charity, medical bills, and education may be deductions on US income taxes, according to IRS regulations.

  6. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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    Any expenses that are considered extravagant or lavish don’t qualify for the business travel expenses deduction. Self-employed individuals claim these expenses on Schedule C (Form 1040 ...

  7. Internal Revenue Code section 183 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Section 183(b)(2) provides that a taxpayer may deduct an amount "equal to the amount of the deductions which would be allowable [ . . . ] only if such activity were engaged in for profit, but only to the extent that the gross income derived from such activity for the taxable year exceeds the deductions allowable [ . . .

  8. Mileage Reimbursement Rate for 2025: What To Expect - AOL

    www.aol.com/mileage-reimbursement-rate-2023...

    You can deduct medical expenses that exceed 7.5% of your adjusted gross income if you itemize your deductions . Charitable mileage rate: 14 cents per mile driven while volunteering for a qualified ...

  9. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    VITA volunteers include greeters, intake specialists, and tax preparers. All volunteers must pass a code of conduct exam and an intake interview/quality review exam. The VITA tax returns are prepared by IRS tax law certified volunteers. The volunteers are taught how to use tax software and specific tax law each year. They must pass a tax law ...