[zi007ad]

I wish you all happy holidays and a happy new year 🙂 well i was studying regulations individuals charitable contributions and some points came to my mind 🙂 i hope you could help me with :

1- what could be the treatment if someone donated hours from his professional job (ex: a dentist) to charity.

2- if i donated money to a church and they used the money in other expenditures other than the main costs (say paving the parking lot or so).

i hope you could help me all 🙂

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[Anonymous]

Hi, zi007ad!

Here are my best guesses to your questions!

1- According to Becker (if that's the book you use, R2-25), “a gift must be in the form of cash or (FMV) property.” Therefore, I don't think that someone could take a charitable contribution for services provided.

2- I don't think it matters what the purpose of the proceeds is for the church. If you donate cash, you get the same charitable contribution deduction regardless of how they spend the money.

If anyone thinks otherwise, please correct me!

Good luck studying! Third times the charm!

[mrwills12]

@zi007ad

According to IRS Pub 526, you CANT take a deduction for the value of contributed services. Remember you still could be able to take expenses related to your contributed services… i.e. Travel expenses.

When you contribute money to a qualified organization it does not matter what the money is used for. So when you contribute money to a church it will be deductible provided it is a qualified organization, which it should be.

FAR - 88 (Jul 2012)
AUD - 85 (Oct 2012)
BEC - 82 (Nov 2012)
REG - 92 (Jan 2013) DONE!

Using Becker Self Study 2012

[Author]

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