A. No. The IRS says you can’t deduct any donation of blood or other body parts although some states offer tax incentives for such charitable contributions. The rationale: Because you’re performing a service instead of giving away property, no deduction is allowed. This is the same reasoning preventing deductions for other charitable services. However, like other charitable volunteers, you can deduct out-of-pocket expenses like transportation via your own vehicle, bus, rail or taxi.
Tip: In lieu of deducting actual travel expenses, you can use a flat rate of 14 cents per mile (plus related tolls and parking) for 2014.
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