Volunteer work is common all around the world and there are numerous charity organizations that are solely run and managed by volunteers only. Their amazing work is appreciated all over the globe. Since they are willingly doing volunteer work, they do not get any payment for the work that they do as it is purely on volunteer basis.
However, we also need to keep this fact in our minds that just because they do not get paid for the work they do, it does not mean they should not get any tax deductions for their other expenses that are out of their pockets.
Below we will mention a few things which atleast the volunteers can get back for some of their work:
What you can deduct?
So, these were the charges that you should deduct and come under the heading of deductible expenses.
What should you do to deduct these expenses?
There are many cases heard about volunteers paying money from their pockets and then never getting any money reimbursed and that leaves them in despair. This should not happen specially because of the reason that volunteer work is done for the good of mankind.
However, a person should be smart enough and do volunteer work for only a charity which is recognized and approved by the IRS. Those which are approved by the IRS have the approval for tax exemptions.
Apart from that, keep all the receipts with you that you get when you pay related to the volunteer work. This is due to the fact that these receipts will act as full proof when you will submit them everyone will see the date and the amount of money you have paid out of your pocket. Make sure that you do not loose these receipts.
Do not take deduction for the time that you have spent at the volunteer organization because that is volunteer work and this is what you have to do for free. Any other charges that relate to the volunteer organization must however be deducted.
Conclusion
So, this was all that there was all about the volunteer tax deductions. Volunteer work is done for the good of mankind, to help humans and for the help of people. But people should keep in mind that there are specific charges which should be tax deductible as it is not their responsibility to pay from their personal pockets. That money should be reimbursed from the organization to the volunteer worker. If they do not reimburse, that wont be fair on the workers part.