Presidential Election Campaign Box 1040
Indeed the share of tax filers who check the box to contribute 3 for presidential campaigns has plummeted in recent decades.
Presidential election campaign box 1040. The original amount listed on the campaign donation form was 1. The presidential election campaign fund is financed by taxpayers who voluntarily contribute 3 of their federal taxes to publicly financing presidential campaigns. If you haven t taken the time to read the presidential campaign election fund box on your 1040 form it goes a little something like this.
Want 3 to go to this. The presidential election campaign fund checkoff appears on us income tax return forms as the question do you want 3 of your federal tax to go to the presidential election campaign fund. Check here if you.
You tell the government whether to fund presidential elections with your small piece of the pie. And because so few candidates in recent. When you filed your tax return last spring did you check off the presidential election campaign box on the form 1040.
You might not even know it but every year on your form 1040 you answer a question about a certain 3. What is the presidential election campaign fund. On the irs form 1040 and alternative income tax forms near the top of the first page there is a line that reads.
Indeed the share of tax filers who check the box to contribute 3 for presidential campaigns has plummeted in recent decades. Income tax return forms in answer to the question. Do you want 3 of your federal tax to go to the presidential.
On your tax return there is a small box near your name and address that asks you if you or your spouse would like to contribute 3 to the presidential election campaign fund. In 1993 it increased to 3 and that s where it s stayed ever since. Check here if you or your spouse if filing jointly want 3 to go to this fund.