President Signs Haiti Tax Relief Bill

President Obama on January 22 signed legislation that allows U.S. taxpayers making charitable contributions to Haiti relief programs before March 1, 2010, to claim those donations on their 2009 income tax return. The measure would allow phone bills to be used as proof for taxpayers who made their donation via a text message. Under current law, taxpayers would have to wait until 2011 to claim a tax deduction on their 2010 returns for Haiti-related contributions.

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