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Political donations are not tax deductible under United States tax laws. However, certain states may allow for a tax deduction. The donation has to be to a state level campaign or party.
Contributions, donations or payments to politicians or political parties, including a campaign committee, newsletter fund, advertisements in convention bulletins, admission to dinners or programs that benefit a political party or political candidate and a political action committee (PAC), are not tax-deductible from income taxes. [1]
When election season rolls around, it can seem like news and advertisements about political campaigns, candidates, and the elections themselves are everywhere. If you're planning to donate money ...
This list shows only the direct contributions to each campaign but does not include more substantive contributions for lobbying and outside spending. In 2016, direct contributions (in this list) totaled $1,085,100; lobbying efforts (not in this list) totaled $3,188,000; and outside spending (not in this list) totaled $54,398,558.
Nominees from other political parties may qualify for a smaller, proportionate amount of checkoff funds if they receive more than 5% of the vote. The national parties used to receive funds to cover the costs of their national conventions. Matching funds are also given for primary candidates for small contributions.
“It’s worth noting that donations to political action committees and groups designated as 501(c)(4) nonprofit organizations are not tax-deductible,” said Kay Bell, author and tax journalist ...
OpenSecrets is a nonprofit organization based in Washington, D.C., that tracks and publishes data on campaign finance and lobbying, including a revolving door database which documents the individuals who have worked in both the public sector and lobbying firms and may have conflicts of interest.
A publicly funded election is an election funded with money collected through income tax donations or taxes as opposed to private or corporate funded campaigns. It is a policy initially instituted after Nixon for candidates to opt into publicly funded presidential campaigns via optional donations from tax returns.
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