Political Office Expenses

[David7548]

A client ran for a town Council position. They have expenses relating to the election.
Are these expenses write off and is there a special form to be filed.

My guess is second job expenses and Sch A (miscellaneous Expense) write off
Thanks

[spanel]

A client ran for a town Council position. They have expenses relating to the election.
Are these expenses write off and is there a special form to be filed.

My guess is second job expenses and Sch A (miscellaneous Expense) write off
Thanks

I believe 100% of any and all political contributions, whether to others or your own are Non Deductible anywhere.

Chris

[TaxGuyBill]

I think Spanel is right.

https://www.law.cornell.edu/uscode/text/26/162#e

https://www.law.cornell.edu/cfr/text/26/1.162-20

[kathyc2]

From Pub 529:



Campaign Expenses


You can't deduct campaign expenses of a candidate for any office, even if the candidate is running for reelection to the office. These include qualification and registration fees for primary elections.

[Burke]

I believe 100% of any and all political contributions, whether to others or your own are Non Deductible anywhere.

Chris

Correct for federal tax returns. Some states allow a deduction/credit for candidates for state office.