House Passes Chile Earthquake Bill
The House of Representatives approved legislation on March 10, 2010 which allows individuals who make charitable donations to victims of the earthquake in Chile to claim an itemized charitable deduction on their 2009 tax return. This legislation allows deductions to be claimed on 2009 tax returns instead of having to wait and claim these deductions on 2010 tax returns. All donations must be made prior to April 15, 2010.
This new bill also includes a section that would extend the ability to claim the charitable deduction for contributions made to assist victims of the earthquake in Haiti from March 1, 2010 to April 15, 2010. Click Here For Haiti Deductions Bill
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