Purpose

Many Americans are very generous donating their time, money, or goods. We learned how to handle the donations that have a monetary VALUE? this week from chapter 6. What about the labor we donate when we volunteer? Should this be deductible? How would it be calculated? What would be the advantages and disadvantages? (Course Objective 1, Learning Objective 6-2)

Question: Should the labor we donate when we volunteer be deductible? How would it be calculated? What would be the advantages and disadvantages?