What is an in-kind charitable contribution?
Updated: 1/21/2013
Article ID: IAS10043
An in-kind contribution is the giving of something other than money to a charitable organization, such as the donation of clothes or other household items, your time or your professional services. You can deduct the fair market value of physical items you contribute if you itemize deductions in TurboTax. However, the donation of your time or services is not deductible.