that time per se is not tax deductible; products on the other hand are. So
if you write and donate an app that is valued at x, then I think you can
claim a donation of x. But avoid putting it in terms of your time.
big disclaimer, I am not a tax lawyer :)
If someone knows for sure, I would like to know.
Dana
cfhelp writes:
> I hosted a site for YMCA basketball last year.
>
>
>
> I had to invoice them but discount it to $0.00 and get a letter from them
> saying I did the work. Now it was just for $99.00 but I bet you raise an
> eyebrow for 20K.
>
>
>
> Rick
>
>
>
> _____
>
> From: William H Bowen [mailto:[EMAIL PROTECTED]
> Sent: Tuesday, September 30, 2003 5:11 PM
> To: CF-Community
>
>
>
> IANAL, but I would think that if you kept meticulous records, logging
> hours/expenses/etc. and filled out the proper form with the IRS you
> shouldn't have a problem. Consult a tax attorney, or an accountant. It's
> a valid question and one that I'd be interested in knowing the answer to.
>
> will
>
>
> Paul Ihrig wrote:
>
> > ok so i am un employed.
> > on my free time looking for work i am donating my time to public radio
> > stations & local brewers & such...
> >
> > how does it work say i do a site i would charge 20k for, for free..
> > will the irs believe me & give me credits for it?
> >
> > i need an angle.
> >
> >
> >
> >
>
> _____
>
> [Todays
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