Are tax credits possible for volunteering with the Medical Reserve Corps?
Yes. Volunteers in the United States may receive tax deductions from the federal government on many costs associated with volunteering, such as mileage and other travel expenses, parking, uniforms if the volunteer purchases his/her own, etc. These deductions apply only if you are not getting reimbursed for these expenses, and you are itemizing on your tax form (not using the 1040EZ form). When volunteers drive their own vehicles to carry out volunteer duties, including to and from trips to their volunteer service, the IRS permits a deduction of 14 cents per mile. MRC volunteers who want a tax deduction should keep good records of mileage in performing volunteer duties, and ask their tax preparation specialist for information on deducting volunteer expenses. For more information go to www.irs.gov, to review Publication #526 Charitable Contributions.
Yes. Volunteers in the United States may receive tax deductions from the federal government on many costs associated with volunteering, such as mileage and other travel expenses, parking, uniforms if the volunteer purchases his/her own, etc. These deductions apply only if you are not getting reimbursed for these expenses, and you are itemizing on your tax form (not using the 1040EZ form). When volunteers drive their own vehicles to carry out volunteer duties, including to and from trips to their volunteer service, the IRS permits a deduction of 44 cents per mile. MRC volunteers who want a tax deduction should keep good records of mileage in performing volunteer duties, and ask their tax preparation specialist for information on deducting volunteer expenses. For more information go to www.irs.gov, to review Publication #526 Charitable Contributions.
