What are the tax benefits of volunteering?

What are the tax benefits of volunteering?

Volunteering can provide several tax benefits, such as deductions for expenses incurred while volunteering, like travel costs.

Can I deduct the mileage I drive to volunteer?

Yes, you can deduct the mileage driven for volunteer work at a standard rate set by the IRS, but you need to keep accurate records.

Are there any limits on how much I can deduct?

There are no specific limits on mileage deductions, but you can only deduct expenses that are directly related to your volunteer work.

What kind of expenses can I deduct besides mileage?

You can also deduct costs for supplies, uniforms, and any other out-of-pocket expenses directly related to your volunteering.