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Does a politician get to keep their campaign contributions as income after an election?
Wiki User
∙ 13y ago
No it must remain as campaign funds
Wiki User
∙ 13y ago
Anonymous
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Which campaign describes how contributions are made to the presidential election?
people voluntarily give it on their income tax returns
Which correctly describes how contributions are made to the presidential election campaign?
people voluntarily give it on their income tax returns
How contributions are made to the presidential election campaign fund?
People can voluntarily give to it on their income tax returns. People and corporations can also contribute directly by cash, check or credit cards.
What is the gross monthly income for a politician?
the gross monthly income for a politician is $6300
What are the Sources of income in Tanzania?
Be a politician and steal from the government
If your only income is from a pension can you still contribute to an IRA?
NO. Pension income would NOT be a QUALIFIED EARNED INCOME for contributions to a IRA account.
Which is not a use of the federal income tax?
presidentil election campaigns
Will the contributions to a 401K count towards your earned income if you choose to retire at age 62?
No, contributions to a 401k do not count as earned income when you retire at age 62, as they are considered pre-tax deductions from your paycheck. When you retire and start withdrawing from your 401k, those withdrawals may be taxed as income.
Which of the following is not a use of the federal income tax?
presidential election campaigns
Citizens' income and education level affects the likelihood they will turn out to vote on Election day depends on?
Only in the us on election day
Are 401K contributions tax deductible?
401k's are not tax-deductible in the normal sense of the word. However, since normal 401k contributions are made with pre-tax funds, taxable income is reduced. As taxable income is reduced, tax is then reduced as well.
Which of these could change a taxpayer's adjusted gross income when filing a federal income tax return?
Student loan interest paid
