Haiti Relief Donations Eligible for Immediate Tax Benefits

Taxpayers making cash donations to the Haiti relief efforts are eligible for tax deductions this year, said Internal Revenue Service spokesman Mark Green.

The IRS announced that itemized charitable donations to assist earthquake victims can be recorded on either the 2009 or 2010 tax returns, depending upon personal preference. This special tax relief provision was enacted Jan. 22 and applies to donations made in 2010 after Jan. 11 and before March 1. The donations include contributions made by text message, check, credit card or debit card. It does not include property or goods donations.

“This means you can receive an immediate tax benefit, rather than having to wait until you file next year’s return,” said Green.

Taxpayers must itemize their deductions on Schedule A; those who claim the standard deduction, including short-form filers, are not eligible, Green said.

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3 comments Add your comment

You ain't frum round here R ye?

January 26th, 2010
4:50 pm

I’m fer it.

Horace Gray

January 26th, 2010
9:06 pm

I was a short-form filer. The tax advocates at wehelptax worked out the deduction thru form 1120. I had some other unrelated tax issues but my attorney at Link & Associates (a tax relief firm) helped me get setup on deductions for my contributions thru my business. I will be amazed if I get the deduction on top of settling such a low amount for my back tax debt from 2007. I’m finally starting to get more comfortable with our government, thanks to Scott Link.

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