Is near a excise assumption available for contributing money to a presidential struggle?

I remember seeing something on Turbotax about a speculation that would allow for this. Can anyone shed any more light on this?

Also, bonus points if anyone can point to me to the paragraph of the tax code that allows for this.


Answers:    The IRS Form 1040, 1040A, 1040EZ, 1120 and 1065 enjoy a box the taxpayer may check to donate 3$. You receive no deduction. You can label charitable contributions to political organizations. In some cases it is NOT deductible. In some instances, you may discount 30 or 40%. If you donate a gift, you may take off 30% of the capital appreciation that occured from the time you bought or adjectives the stock to the time you donated the appreciated investment. However, please, please, please do not donate to a presidential campaign. Only Paul want to get rid of the federal reserve, and the press vilify him. He appears to have no accidental. So there are no candidate of any worth, as has be the case since 1912; may be even a short time further back than that.
No. In the US, political contributions are not toll deductible.


  • I want to download the most recent levy calculator as per Budget 2008. Can you report me from where on earth I can gain it?
  • Can I take off shared uniform expenses on my income tariff?
  • Where can I find NYC Tax Forms?
  • If i live within Massachusetts but work for a Florida base company must I compensate Massachusetts state taxes?
  • Is in attendance a special form to obtain the federal stimulus retribution for social deposit culture?