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What is Virginia Political Contribution Credit?

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Question
What is Virginia Political Contribution Credit?

Answer
Establishes a tax credit for individuals who make contributions to candidates for state or local political office equal to 50 percent of the amount of the contribution, subject to a $25 limit for individuals and a $50 limit for married taxpayers filing jointly.

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Views: 901 Created on: Jun 15, 2013
Date updated: Nov 13, 2014

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