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volunteers may deduct expenses for use of cars in volunteer work

updated tue 19 apr 05

 

Kathy Forer on mon 18 apr 05


<< Volunteers May Deduct Expenses for Use of Cars in Volunteer Work:=A0=20=

In 2005 volunteers may deduct 14 cents a mile for use of their vehicle=20=

for charitable purposes and charity employers may reimburse their=20
employees 40.5 cents per mile for use of personal vehicles for charity=20=

business. (Internal Revenue Code Sec. 170(i); Rev. Proc. 2004-64) >>


Kathy=