Last week, the president signed into law a bill that makes an exception to the general rule about tax deductions of cash donations. The bill is designed to help Haiti recover from the Jan. 12 earthquake, aftershocks and resulting destruction of infrastructure.

The law says that taxpayers who make a cash donation to a qualified charitable organization after Jan. 11, 2010 and before March 1, 2010 may claim the contribution on their 2009 or 2010 federal income tax returns. North Carolina will follow the federal provisions.  Please note:  no additional deduction for these donations is necessary on the state return because the deduction would already be reflected in federal taxable income.  

If you would like additional information on the federal deduction for the donations, click here. 

Last modified on: 01/29/10 08:09:02 AM .