Haiti Contributions Now Tax-Deductible

President Obama signs bill into law shortly before 'Hope for Haiti Now' telethon.

More than 130 of Hollywood’s biggest stars came together Friday (January 22) for MTV’s “Hope for Haiti Now: A Global Benefit for Earthquake Relief” telethon.

There are many ways viewers can contribute to the telethon — and now those contributions can be tax-deductible. Shortly before the telethon, President Obama signed into law HR 4462, which allows taxpayers to accelerate the income-tax benefits for certain charitable cash contributions made before March 1, 2010, for the relief of victims of the earthquake in Haiti.

Donations can be made online at HopeForHaitiNow.org, over the phone by calling (877) 99-HAITI, by texting the word “GIVE” to 50555 or by mail addressed to Hope for Haiti Now Fund, Entertainment Industry Foundation, 1201 West 5th St., Suite T-700, Los Angeles, CA, 90017.

Learn more about what you can do to help with earthquake-relief efforts in Haiti , and for more information, see Think MTV. Visit HopeForHaitiNow.org or call (877) 99-HAITI to make a donation now.

iTunes customers can exclusively pre-order the “Hope for Haiti Now” full-performance album ($7.99) and the full two-hour video telecast ($1.99). Pre-orders will be delivered in the days following the telethon. Individual audio performances will also be available for purchase and download for 99 cents each in the days following the telethon. Apple, the record labels and the artists will donate their share of the proceeds to Haiti relief funds managed by “Hope for Haiti Now” charities, including the Red Cross and Wyclef’s Yele Haiti foundation. Performances will also be available for purchase in the days following the event through Amazon’s MP3 service and Rhapsody, through distribution provided by INgrooves.