Tax News IRS Announces Immediate Tax Benefits for Contributions to Philippines Typhoon Relief Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Modified Aug 23, 2019 1 min read Today, the IRS announced that taxpayers who made cash donations for Philippines typhoon relief on or after March 26, 2014 and before midnight on Monday, April 14, 2014, can get an immediate tax benefit when claiming the donation on their 2013 return. If you’re thinking of giving back, it’s not too late. Similar to the accelerated relief provided to Haiti following the January 2010 earthquake, this provision only applies to charitable cash donations for relief related to Typhoon Haiyan victims. Donations can be claimed on taxpayers’ 2013 or 2014 tax returns, but cannot be claimed twice. Contributions made by text message, check, credit card or debit card qualify for this special option. Donations charged to a credit card before midnight on April 14, 2014 are eligible contributions, even if you do not pay the credit card until after that date. Donations by check are also eligible if they are mailed by April 14. For more information, check out the IRS newsroom announcement. To see how you can help the Philippines typhoon victims, visit the American Red Cross or see this list of charities from the New York Times. Previous Post Facebook CEO Joined $1 Salary Club to Reduce Tax Bite Next Post IRS Announces Tax Relief for Washington State Mudslide and Flooding… Written by TurboTaxBlogTeam More from TurboTaxBlogTeam 3 responses to “IRS Announces Immediate Tax Benefits for Contributions to Philippines Typhoon Relief” […] IRS Announces Immediate Tax Benefits for Contributions to Philippines Typhoon Relief […] Reply Thank you for posting this. It gave me a lot of information about the Tax Benefits for Contributions to Philippines Typhoon Relief Reply But yet us waiting since 2/6 are still waiting without any relief or answers.. so if I donate can you finish my refurn and issue my refund asap. Reply Leave a Reply Cancel reply Browse Related Articles Tax Deductions and Credits Charitable Giving and Your Taxes Tax News IRS Update: Tax Guidance Related to Ebola Outbreak Taxes 101 Charity Tax Deductions (What Counts as a Contribution?) Tax Deductions and Credits How to Track Your Charitable Contributions Tax Deductions and Credits Can I Deduct More Than One Car Donation on My Taxes? Tax Deductions and Credits Breast Cancer Awareness Month: Donations and Tax Deduct… Tax Reform I’m Donating to Charity This Winter, Will I Still Get… Tax Deductions and Credits Are Political Contributions or Donations Tax Deductible… Tax Planning I’m Projected to Owe Taxes Next Year – What… Tax Tips How to Donate Your Time, Property, and Cash
Thank you for posting this. It gave me a lot of information about the Tax Benefits for Contributions to Philippines Typhoon Relief Reply
But yet us waiting since 2/6 are still waiting without any relief or answers.. so if I donate can you finish my refurn and issue my refund asap. Reply
