by Loella Haskew, CPA
I'm a veterinarian who provides spaying and neutering services for a 5013c shelter. I charge half of my regular fee for my services. Can I deduct the other half as a charitable contribution?
The Internal Revenue Code allows for a charitable deduction for the cash or goods donated to a non-profit organization. It does not allow for a deduction of your own services. You, therefore, cannot deduct for the fees you did not charge. You can, however, deduct all the costs that you incur to perform these services.
Nevertheless, we applaud your contribution to the well-being of the sheltered animals.
Loella Haskew is a Walnut Creek, Calif., CPA with the firm of Buckley Patchen Riemann & Hall. You can reach her at (925) 937-2727.
Have a question for a CPA? Ask it here.
In accordance with IRS Circular 230, the information on this website is not intended or written to be used, and cannot be used as or considered a "covered opinion" or other written tax advice and should not be relied upon for the purpose of avoiding tax-related penalties under the Internal Revenue Code; promoting, marketing, or recommending to another party any transaction or tax-related matter(s) addressed herein; for IRS audit, tax dispute or other purposes.