2007-10-04 05:31:33 · 6 answers · asked by joe cool 1 in Business & Finance ➔ Taxes ➔ United States
No donation to a political party or to a specific candidate is tax-deductible. This includes the "$3 to the Presidential Election Fund" that some people check off on their tax return (checking this box neither reduces nor increases your refund or balance due). I"ve attached the IRS link to Publication 526, which discusses itemized deductions in some depth.
Feel free to e-mail if you have further questions :)
2007-10-04 06:56:21 · answer #1 · answered by Katie Short, Atheati Princess 6 · 1⤊ 0⤋
Political contributions are never deductible on your federal return, however, some states do allow a deduction for political contributions. I know Oklahoma does - you may want to check with your state taxing authority.
2007-10-04 19:42:26 · answer #2 · answered by Lauri G 2 · 1⤊ 0⤋
Political donations are never deductible for anyone.
2007-10-04 13:27:52 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
I'm not sure. But most donations to places such as charities are. Browse the net and you will find out. Good luck.
2007-10-04 13:16:31 · answer #4 · answered by Anonymous · 0⤊ 3⤋
No
2007-10-04 15:29:08 · answer #5 · answered by StephenWeinstein 7 · 0⤊ 0⤋
No
2007-10-04 12:38:43 · answer #6 · answered by nyteglori 3 · 1⤊ 0⤋