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Yes, you can deduct out-of-pocket expenses in giving services to a charitable organization.
Excerpt from IRS Publication 526, Charitable Contributions:
Although you cannot deduct the value of your services given to a qualified organization, you may be able to deduct some amounts you pay in giving services to a qualified organization. The amounts must be:
Unreimbursed,
Directly connected with the services,
Expenses you had only because of the services you gave, and
Not personal, living, or family expenses.
If you held a benefit for a charitable organization at your home home and paid for the refreshments out of your own pocket, those costs would be deductible on Federal Form 1040, Schedule A, Itemized Deductions.
See the full IRS publication at the link for a more detailed discussion.
What else can I help you with?
What does it mean reception teacher role?
when refreshments will be held
What is petty cash payments?
Petty cash - is a sum of money held on the premises of a business... that is (usually) used for essential items such as postage, refreshments and travel costs.
Can I deduct legal fees on my taxes?
Yes, you can deduct legal fees on your taxes if they are related to producing or collecting taxable income, managing, conserving, or maintaining property held for producing income, or determining, collecting, or refunding any tax.
What is a sentence using the word benefit?
It will benefit your education if you go to school. The veterans held a benefit dinner in honor of their oldest member.
Who had the theory which held that colonies exist for the benefit of the home country?
Mercantilism
If I have been paying half of household expenses with my fiance can I be held responsible for child support if he loses his job?
If it is your child then you do not need to be held responsible. You are responsible.
Are assets held in a Limited Liability Corporation protected from medicaid expenses for long term care?
No.
Glass onion held at the milk gallery in 2006 was a benefit for this charity?
Unicef
When can a person be held for a capital crime without benefit of presentment of grand jury?
Treason
If a benefit to raise money for you is being held should you attend the benefit or stay home?
I believe its generally accepted that you should be in attendance, unless this will endanger your life.
How can you write a good sentence for benefit?
We attended a benefit concert held for victims of the hurricane. I think your son would benefit from some extra tutoring in math. Before making any decisions, the accountant conducted a cost benefit analysis. How do bike racks on city buses benefit the community? He worked day and night for the benefit of his children.
Can a child with power of attorney be held responsible for opening a credit card and amounting debt in parents name?
Yes, they can be held accountable. Any actions must be to the benefit of the principle.
