Today is the last day to donate to the Haitian Relief effort and provide for a deduction for 2009. Donations after today can be applied
to your 2010 return.
On Fri, January 22, 2010, President Obama signed into law a measure allowing contributions made for the victims of the Haiti Earthquake to be tax deductible on their 2009 tax returns.
Under current law, donors would have to wait until they file their 2010 returns next year to take the deductions. The bill would allow donations made by the end of February to be deducted from 2009 returns.
For the nuts and bolts of this legislation you can visit the IRS website.
