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Thank you to all who gave their support to the Haiti earthquake victims. Here is good news for you. There is a new law for tax return related to providing earthquake relief in Haiti. The Internal Revenue Service (IRS) wants you to know that qualified Haiti donations can now be claimed as a tax deduction on your 2009 income tax return.
Tax Deductible Haiti Donations must meet the following requirements:
Donations must be made after January 11, 2010 and before March 1, 2010.
Donations must be made through qualified charitable institutions and cannot be allocated for a specific family or individual.
Only cash contributions are deductible.
Deductions must be itemized in order to claim these donations.
Contributions made through foreign organizations generally are not deductible.
Taxpayers have the option to claim this deduction on your 2009 or 2010 income tax return, but not both.
Record-keeping is required by Federal law to support your tax deduction claims on donations you make. Be sure to keep a bank record, such as canceled checks or proof of receipt, of your cash donations. If the contributions is made through text messaging, a telephone bill will suffice if it shows the name of the recipient charitable organization, date of contribution, and amount given.
The IRS has published Ten Facts About Claiming Donations Made to Haiti for more information.
Make a Donation
See the list of eligible charitable institutions where you can make your donations.
If you are a none-US citizen, check with your country if your government provides tax incentives for Haiti donations.
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