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How Should You Code Political Contributions?
December 16, 2025
Q. How should political contribution be coded if the money is going to an entity set up as a Corporation? Would it still be coded MISC3?
A.
(Answered by IOFM's third-party tax expert)
Yes, assuming that the entity is organized under section 501(c)(27). The exceptions to reporting to corporations come from regulations under section 6041, which include corporations but do not mention section 501(c)(27) entities. See these prior discussions in Ask the…
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