Wednesday, January 27, 2010
2009 Tax Deduction for Haiti Earthquake Donation
Haiti earthquake relief donations can be deducted on either the 2009 or 2010 income tax return. As with other charitable contributions, the taxpayer must itemize deductions on Schedule A. The contribution must be fully earmarked for the relief of victims in areas affected by the Jan. 12 earthquake in Haiti. Generally, only contributions to U.S. charities are tax-deductible. Most such organizations are listed in an IRS searchable, online database available under “Search for Charities” (http://www.irs.gov/charities/article/0,,id=96136,00.html ). But some organizations, such as churches or government agencies, may be qualified even though they're not listed on IRS's website. Contributions to foreign organizations generally aren't deductible.