State Political Contributions Credit
The allowable credit shall not exceed fifty dollars ($50) on an individuals return whose filing status is Single, Head of Household, Married Filing Separately, or Qualifying Widower. The allowable credit shall not exceed one hundred dollars ($100) if your filing status is Married Filing Joint or Married Filing Separate on the Same Return. You may enter the candidates name, office sought, the amount of the contribution and the total of all political contributions.
For the purposes of this credit, “Public Office” means any office created by or under the authority of the laws of the State of Arkansas, or a subdivision thereof, that is filled by the voters. The credit does not apply to contributions made to candidates for federal offices. The contribution must be made by April 15, to be claimed on the current year tax return tax return.