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Email Alert
President signs bill into law allowing 2010 Haitian relief contributions to be deducted on 2009 returns
February 1, 2010
On January 22, 2010, a law became effective that allows donors to accelerate the income tax benefits of charitable cash contributions for the relief of victims of the earthquake in Haiti. The law allows individuals who make charitable contributions to aid Haitian earthquake victims to elect to claim an itemized charitable deduction on their 2009 tax return (instead of having to wait until next year to claim the deductions on their 2010 tax return). The election applies only to Haitian relief contributions made in cash after Jan. 11, 2010, and before Mar. 1, 2010. If the election is made, Haiti relief donations are deductible on the 2009 return, not the 2010 return. The law also reduces recordkeeping requirements for Haitian relief contributions. For these contributions, a telephone bill satisfies the Internal Revenue Code recordkeeping requirements if it shows the name of the donee organization, the date of the contribution, and the amount of the contribution.
California has not conformed to this legislation; however may at a later time.
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