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Work for a non-profit - tax deductable?
Old 05-19-2009, 10:01 PM   #1
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Work for a non-profit - tax deductable?

I have a full-time W2 job but I also do some 1099 freelance web development work. A small nonprofit agency contacted me tonight about updating their website. They have a very small website for the project so it probably wouldn't be worth me taking it on. However, the person that I spoke with said another option could be to write off the work as a tax deduction. This peaked my interest because I always owe Uncle Sam a decent amount for my freelance work. If I could write-off my normal hourly rate on my taxes it would probably be worth doing.

Does anyone on here know anything about doing this?

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Old 05-19-2009, 10:08 PM   #2
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I probably should have Googled it before posting...

Can Freelancers Write off the Value of Time for Charity?

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Old 05-19-2009, 10:08 PM   #3
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Hmm, looks like it may not be totally accurate...

<<While no specific deduction is allowed for the fair market value of services contributed to a charitable organization, the Internal Revenue Code does allow a deduction for certain unreimbursed expenditures made incident to the rendition of services to a qualified charitable organization and can be grouped into categories that include travel, meals and entertainment, use of property, and other expenses.>> from: Looking for Tax Deductions? Don't Forget Pro Bono Expenditures

I know the non-profit can calcuate your market rate and count it toward their budget expenditures so that some smaller organizations that rely heavily on volunteers can reflect the size of their services - which could also benefit them for matching grants etc. But seems may not work the other way around equally...

But I'd definitely ask them for details if they are aware of some code this article is not!
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