met the governor and contributed $500.00 to the governor’s re-election campaign. Can I claim that on my taxes?
2007-01-02 12:18:45 · 4 answers · asked by bueyes67 2 in Business & Finance ➔ Taxes ➔ Other - Taxes
Anything over 250 dollars I think you can claim as a charitable contribution, so yes. Although thats only if your itemizing deductions and you would only itemize if your deductions are more than your standard deduction amount for whatever status u claim (single, married, etc.)
2007-01-02 12:21:06 · answer #1 · answered by Jersey Girl 2 · 0⤊ 4⤋
Political contributions, unlike charitable contributions, are NOT decductible from federal income. Some states allow you to claim a credit on state returns.
2007-01-02 21:06:08 · answer #2 · answered by SDD 7 · 3⤊ 0⤋
Political causes are not considered charitable contributions... you can call the IRS with your specific question. The IRS website should also be able to shed light on your question.
2007-01-02 20:25:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Contributions to political organizations or candidates, no matter what the amount is, are not deductible.
2007-01-02 21:39:30 · answer #4 · answered by Judy 7 · 3⤊ 0⤋