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bridley
New Member

Are donations to political parties or candidates deductible?

 
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LeeM
New Member

Are donations to political parties or candidates deductible?

No, donations to political parties are not tax deductible.

This includes Political Action Committees (PACs), as well. While you can’t write off campaign contributions, you can set aside $3 of your taxes to go to the Presidential Election Campaign Fund on your 1040 federal income tax return.

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1 Reply
LeeM
New Member

Are donations to political parties or candidates deductible?

No, donations to political parties are not tax deductible.

This includes Political Action Committees (PACs), as well. While you can’t write off campaign contributions, you can set aside $3 of your taxes to go to the Presidential Election Campaign Fund on your 1040 federal income tax return.

View solution in original post

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