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Donating your time to a charitable cause doesn’t bring the same tax benefits as a cash contribution would, but it will give you self-satisfaction and happiness. However, expenses related to volunteer work in India may be deductible if you list your deductions on your taxes.
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Tax Deductions for Volunteer Work in India By http://www.volunteerindiaispiice.com/
Tax Deductions for Volunteer Work in India Donating your time to a charitable cause doesn’t bring the same tax benefits as a cash contribution would, but it will give you self-satisfaction and happiness. However, expenses related to volunteer work in India may be deductible if you list your deductions on your taxes.
Tax Deductions for Volunteer Work in India Donate Time is not Money: Whatever the time you will spend on a volunteer work is not deductible, even you are working for a charitable organization. Track Expenses: While your time aren’t deductible, you can deduct expenses related to your volunteer work in India.
Tax Deductions for Volunteer Work in India Travel Expenses: As per my personal experiences, some travel expenses for volunteer work are deductible At Coaching: if you have selected yourself a coach for a particular sport, then your deduction Ruel will be same as other volunteer activities
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