I donated money to the Trump make america great again fund. It is deductable?

paullatillman · ‎May 31, 2019

MichaelMc · ‎May 31, 2019

Unfortunately, no.

In addition to showing your support by voting in the 2016 election, you may have also chosen to make a financial contribution to your candidate of choice during their campaign. Though giving money to your candidate of choice is a great way to get involved in civic discourse, political donations are not tax deductible. According to the IRS:

You can’t deduct contributions made to a political candidate, a campaign committee, or a newsletter fund. Advertisements in convention bulletins and admissions to dinners or programs that benefit a political party or political candidate aren’t 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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MichaelMc · ‎May 31, 2019

Unfortunately, no.

In addition to showing your support by voting in the 2016 election, you may have also chosen to make a financial contribution to your candidate of choice during their campaign. Though giving money to your candidate of choice is a great way to get involved in civic discourse, political donations are not tax deductible. According to the IRS:

You can’t deduct contributions made to a political candidate, a campaign committee, or a newsletter fund. Advertisements in convention bulletins and admissions to dinners or programs that benefit a political party or political candidate aren’t 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.