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Old 03-25-2009, 01:43 PM
anson2995 anson2995 is offline
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Join Date: Sep 1999
Location: Upstate NY
Posts: 2,738
You can't take a deduction for a donation of your time and/or services, but you might be able to deduct some expenses. I can't find an online link other than this PDF of IRS Pubication 526, but on page 5 it says:
Quote:
Although you cannot deduct the value of your services given to a qualified organization, you may be able to deduct some amounts you pay in giving services to a qualified organization. The amounts must be:
Unreimbursed,
Directly connected with the services,
Expenses you had only because of the services you gave, and
Not personal, living, or family expenses.

Table 2 contains questions and answers that apply to some individuals who volunteer their services.
And if you receive something in exchange, like the co-op dollars, you have to subtract them out. (Or refuse to accept them.)