donation of photo to non-profit

Discussion in 'Business of Photography' started by kingbaby118kingbaby118, Dec 3, 2017.

  1. Can anyone make recommendations as to what written agreements should
    be made up? Also, what documentation do I need in order to establish
    the value for tax-deductible benefits? Are services even tax-
    deductible?
     
  2. You can deduct ONLY the cost of materials. You cannot deduct your time, added value, or even out-of-pocket service costs (like printing).

    Ask your accountant for confirmation, but I have donated photos to non-profits several times.
     

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