Tax Policy Center

Presidential Election Campaign Fund (PECF)

Individual Taxes: TaxVox
This spring the IRS received more than 139 million individual income tax returns. Those returns give filers the option to direct a few of their tax dollars to the Presidential Election Campaign Fund (PECF). Eligible presidential candidates can use the money to help cover qualified expenses of their political campaigns in both the primary and general elections. But many of us decline the option. Do we not need or want it anymore?
June 5, 2024Renu Zaretsky
: TaxVox
When you filed your tax return last spring, did you check off the "Presidential Election Campaign" box on the Form 1040? Didn’t think so.
July 25, 2019Aravind BoddupalliErin Huffer