Moceri Minute

Keep these tax tips in mind if you volunteer for charity:

  • If you itemize on Schedule A, you can deduct $0.14 cents per mile for charitable driving, plus what you pay for parking and tolls.
  • Keep track of the mileage, dates driven and purpose of the trip.
  • You can also write-off for other expenses you incur while doing good deeds, such as the cost of stamps for a fundraising mailing or items bought for a bake sale.

Call us if you have any questions!