Are Political Donations Tax Deductible?
Julianne Shenk
JBS Nonprofit Consulting
8 November 2018
I was recently sent a message on my website asking if one can
claim their recent political candidate donations on their taxes as deductions. In a word, No.
Per 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.”[1]
This
includes Political Action Committees (PACs).
This is
a short one folks; you cannot deduct your personal campaign/candidate donations
on your taxes.
Photo by: ALEX GARDELS
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