House Unanimously Passes Haiti Donation Bill


The House of Representatives on Wednesday unanimously passed a bill that would allow taxpayers to accelerate deductions for charitable contributions made for relief of victims of the earthquake in Haiti (HR 4462). Under the bill, taxpayers could deduct donations made in 2010 on their 2009 returns.

 

Donations covered by the bill are cash contributions made after Jan. 11, 2010, and before March 1, 2010, for the relief of victims in areas affected by the earthquake in Haiti on Jan. 12. To qualify for acceleration into the 2009 tax year, the donation must qualify as a deductible charitable contribution under IRC § 170.

 

Many taxpayers are making donations through text messages, and the bill would allow such donations to be substantiated by a telephone bill showing the name of the donee organization, the date of the contribution and the amount of the contribution.

 

It was unclear Wednesday afternoon when the Senate would take up the bill.

 

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.