I've donated money to my favorite political campaign. Can I deduct it?

July 08, 2015 by Dave Du Val, EA
path going through forest

Hey Dave,

I want to donate to my favorite politician’s 2016 campaign for our state’s House of Representatives. She is the only candidate who believes what I believe about saving the environment. Are there limits to how much I can deduct?

Justine

 

Justine,

The short answer is zero, and that is because contributions made directly to political campaigns, political candidates and political parties are not allowable deductions on your tax return. And while this might be a disappointment to you, don’t let it stop you from contributing to a campaign that you believe in.

Another option to consider would be contributing to 501(c)(3)nonprofit organization that champions a cause that you wish to support, such as an ocean protection or wilderness preservation group. Visit the Exempt Organizations Select Check Tool to verify that a specific organization is eligible to receive tax-deductible charitable contributions.

Deductibly Yours,

Dave

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Rhonda D. Guillory, EA
Learning and Development Manager

 

Rhonda was a Seasonal Tax Return Reviewer at TaxAudit before joining the permanent staff as an Audit Representative in 2009. She has a Bachelor of Science in Computer Science and worked in the Information Technology field for 15 years before making a career change. Since transitioning to the field of income tax in 2003, she has prepared and analyzed hundreds of tax returns. Rhonda enjoys helping taxpayers and tax professionals learn and understand the fascinating world of income taxes. Currently, she is the Learning and Development Manager.


 

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