This is the first of what I hope to be annual reminders that checking the “Give $3 to the Presidential Election Campaign” box on your tax return doesn’t affect your refund. It’s a straight-up, popular vote about how much Federal money should go to the fund that (simplistically explained) helps underfunded candidates run for President.
We have occasional threads about taxpayer-voted funding of certain projects. This is the one and only taxpayer obligation that follows such a scheme.
Yet its value has declined every year* since 1994.
Check it or don’t, but at least know it doesn’t affect your annual tax return. It’s only “your money” in the sense that all Federal money is the taxpayers’ money.
*OK, fine, there’s a minuscule rise in 2002.