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Tax Tip – Donate Unused Sick/Vacation Leave to Hurricane Sandy Relief

by Miriam - November 7th, 2012.
Filed under: Tax Tips.

Interesting announcement from the IRS – you can donate your accumulated sick or vacation leave to Hurricane Sandy relief efforts.  Your employer makes the donation on your behalf to a qualified §501(c)(3) charity, and the “used” leave does not appear on your W2.  Employers can deduct the payment as an expense (but the employee cannot deduct the payment as a charitable donation, because the money was never taxed as income to the employee).

For more information, check out IRS Notice 2012-69

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