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US presidential election in 2012 via BIGSTOCK |
Donations to a specific campaign, party or Super PAC are not tax deductible. However, there are organizations that are politically involved that you can support while also claiming a tax deduction. Organizations like The Heritage Foundation, Cato Institute and the Center on Budget and Policy Priorities are public charities with 501 C 3 status. Which means donations to those organizations are tax deductible. These organizations can not be for or against a certain candidate but they can take positions on ballot initiatives. So make sure you are aware of the tax deduction rules before you cut a check during this election season.
As a 501 (c) (3) organization itself, Charity Navigator depends on public support to help donors make informed choices. Please consider investing in the future of Charity Navigator by making a donation today. Donate now >>
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