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TomKtax
October 22, 2024
Question

Are letters that are mailed in support of a slate of candidates in a local election deductible on the IRS Form 1120 POL for a small political action committee?

  • October 22, 2024
  • 1 reply
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The total contributions the Committee collected were $2300.00 and the primary expense was this mailing and postage totaling $2200.00

1 reply

DoninGA
DoninGA
Employee
October 22, 2024

TurboTax does no support IRS Form 1120-POL, U.S. Income Tax Return for Certain Political Organizations

 

Go to this IRS website for information on what is reported on and deductible on a Form 1120-POL - https://www.irs.gov/charities-non-profits/political-organizations/form-1120-pol-contents-of-return

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