Sunday, February 21, 2010

Haiti: Feb. 28 tax deadline for US contributors

The IRS clock is ticking if you want to apply Haiti earthquake relief donations to 2009. Note that your contribution must be made "before March 1" which in plain English means do it by Feb. 28. From the February 2010 Partners in Health e-bulletin:

Charitable contributions for Haiti relief deductable on 2009 taxes

Taxpayers can count charitable contributions made for relief efforts in Haiti on either their 2009 or 2010 tax returns.

Under new legislation, donations that are "cash contributions made for the relief of victims in areas affected by the earthquake in Haiti" can be deducted in 2009 as long as they are made after January 11, 2010 and before March 1, 2010.

[emphasis added]

This PIH link downloads a PDF of the actual legislation (2 pages).

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