Haiti retroactive deduction bill signed

The President has signed HR 4462, the bill allowing taxpayers to deduct 2010 contributions for Haiti disaster relief on 2009 returns. The retroactive deduction is only available for cash donations. More coverage from Kay Bell, William Perez, Stacie Clifford Kitts, and Chad Bordeaux.
Oh, and don’t count on it for Iowa. While Iowa might “couple” with this, considering how the state is a bit short these days, they just might not.