are donations to political campaigns tax deductible
With every big election, there is the relentless ask for campaign contributions. Donations are deductible if the organization you give to is a 501(c)(3) tax-exempt charity. Travel and transportation expenses, Local lodging. , Additional information. Another individual, paid by taxpayer, Travel Expenses for Another Individual. Armed forces reservists, Armed Forces reservists traveling more than 100 miles from home. Political funding in Australia deals with political donations, public funding and other forms of funding received by politician or political party in Australia to pay for an election campaign. Armed forces reservists' travel expenses, Armed Forces reservists traveling more than 100 miles from home. Performing artists, Performing Artists. State or local government officials paid on fee basis, Officials Paid on a Fee Basis. Unlawful discrimination claims, Unlawful discrimination claims. Donations to 501(c)(3) organizations are tax deductible. The nonprofit should give you a letter confirming the gift and the amount. Such donations need not be reported to the IRS unless the gift is 2% of total contributions or $5,000, whichever is greater. However, public charities may only play a limited nonpartisan role in elections. Income, Repayments of Income. Income aid payments, Unreimbursed Employee Expenses. Social Security benefits, Repayments of Social Security Benefits. Reporting requirements. Armed Forces reservists, Armed Forces reservists. Computer used in a home office, Computer used in a home office. Depreciation, Depreciation. Any donation to a political party, campaign, or action committee is non-deductible. Other non-deductible contributions are those to individual people, labor unions, business associations, for-profit schools, for-profit hospitals, foreign governments, and fees paid to associations or state or municipal governments. This means that the organization has tax-exempt status, which is a special designation obtained from the IRS. Some organizations, mostly churches and religious organizations, are not required to apply for tax-exempt status but others like political campaigns and offices are. Many political organizations are automatically disqualified from this status. While there are plenty of tax-exempt organizations dedicated to feeding the hungry, there are many organizations that express opinions about political issues of all types, across the entire political spectrum.
No