TaxAlerts Tax Article
February 2010 | Written by: Karen Reed, EA
If you itemize deductions, cash contributions you make to qualified charities providing earthquake relief in Haiti after January 11, 2010, and before March 1, 2010, are deductible on your 2009 tax return. The new law applies only to cash (as opposed to property) contributions. The contributions must be made specifically for the relief of victims in areas affected by the January 12th earthquake in Haiti.
Make sure you’re contributing to a qualified charity. Most qualified charities are listed in IRS Publication 78, though some churches and governments are qualified charities even though they are not listed. Contributions to foreign organizations are generally not deductible.
These contributions are deductible on either your 2009 or 2010 returns, but not both.