Tax Facts

8912 / How did the 2017 tax reforms impact the treatment of length of service awards for bona fide volunteers?

Updated: October 23, 2026 at 07:18 PM
The 2017 tax reform legislation increased the aggregate amount of length of service awards that may accrue for a bona fide volunteer with respect to any year of service to $6,000 (from $3,000) for tax years beginning after December 31, 2017.1 The $6,000 amount will be adjusted for inflation in $500 increments ($6,500 in 2022, $7,000 in 2023 and $7,500 in 2024).





1.  IRC § 457(e)(11)(B).

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