Michigan State Campaign Fund
The Michigan State Campaign Fund is a voluntary contribution option available to taxpayers filing their Michigan individual income tax return (Form MI-1040). This fund supports candidates for governor who agree to limit their campaign spending and meet specific campaign fund requirements.
Key Details
- Voluntary Contribution: Checking the box on Form MI-1040 to contribute to the State Campaign Fund does not increase your tax liability or reduce your refund.
- Eligible Candidates: Funds are disbursed only to gubernatorial candidates, regardless of political party, who comply with campaign spending limits and other program requirements.
- Reporting Location: The contribution is indicated on Line 5 of Form MI-1040.
Important Notes
Taxpayers should note that participation in the State Campaign Fund is entirely optional and does not affect the tax calculation. The contribution is not a tax deduction or credit and is not refundable.
Source:
Form MI-1040
Disclaimer: Always verify information with official forms and instructions from the Michigan Department of Treasury or the Federal Internal Revenue Service.