Are Political Donations Tax Deductible. If you're wondering what your contributions to a political campaign, party, or cause mean for your taxes. We hear this question from time to time.

So you might feel that you deserve a tax break when you support the democratic process by making a campaign contribution.

To be tax deductible, the organization you are donating to must have a 501c3 status with the irs. Generally, legitimate donations are those that do not benefit the donor, have records for verification and hold a set fair market value. It's not uncommon to mistake the tax deductibility of political contributions. That's if a provision currently being debated between house and senate negotiators makes it into the final tax bill. To be tax deductible, the organization you are donating to must have a 501c3 status with the irs. Political donations aren't tax deductible? You cannot deduct expenses in support of any candidate running for any office, even if you are spending money on your own campaign. These political contributions are not a valid tax deduction for political donors, whether it's an individual or business. Political contribution are never tax deductible no matter who the contributions are made to and for which political party. This is called an above the line deduction. For example, here is the disclosure that actblue provides when you go to donate