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Reminder: You can already deduct volunteer-related expenses from your federal taxes, so long as you volunteer for a qualified organization: https://www.irs.gov
by tryitnow 11y ago
Reminder: You can already deduct volunteer-related expenses from your federal taxes, so long as you volunteer for a qualified organization:
https://www.irs.gov/pub/irs-pdf/p526.pdf https://www.irs.gov/pub/irs-pdf/p526.pdf
See Table 1 and Table 2 in the above publication.
I think this is just extending this to NY state taxes, limiting to OSS development, and capping it at $200. All of which is a bit odd, but I guess it's a foot in the door and symbolically recgognizes OSS.
- DenisM 11y agoYou can't deduct your hours, only incidental expenses like gas and bus tickets.