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Subject Author Date
Campaign Costs R. Pile 06-20-2008
Posted by R. Pile on June 20, 2008, 3:52 pm
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An individual is running for the local school board. Are any of the
out-of-pocket expenses of campaigning and running for office
deductible? And, if so, how and where?

This position pays a whopping $20,000 a year. Assuming she wins the
election, and takes office in December, are any job related costs
deductible? Are these treated as employee expenses would be for any
job?

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Posted by Bill Brown on June 20, 2008, 5:12 pm
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> An individual is running for the local school board.  Are any of the
> out-of-pocket expenses of campaigning and running for office
> deductible?  And, if so, how and where?

No.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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