Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or a decision not to contribute. You may refuse to contribute without reprisal. Your contribution is split between National RPAC and the State PAC in your state. Contact your State Association or PAC for information about the percentages of your contribution provided to National RPAC and to the State PAC. The National RPAC portion is used to support federal candidates and is charged against your limits under 52 U.S.C. 30116
Please note that the entire $35 Consumer Advertising Campaign special assessment qualifies as fully deductible.
Compliance with the Tax Reform Act of 1993, as amended by the Tax Cuts and Jobs Act of 2017, requires that the portion of dues attributable to lobbying and political activities at the Local, State and Federal levels of government be considered nondeductible for income tax purposes.
In addition, contributions (including member dues) to NAR are not tax deductible as charitable contributions. However, they may be tax deductible under other provisions of the Internal Revenue Code.
For 2022, with ILLINOIS REALTORS® dues at $193 and the RVOICE assessment at $85 per member (a total of $278), ILLINOIS REALTORS® computes 30 percent, or $83.40, to be nondeductible for income tax purposes due to lobbying efforts by ILLINOIS REALTORS®.
For 2022, with dues at $150 per member, NAR computes 36 percent, or $54 to be nondeductible for income tax purposes due to NAR’s lobbying efforts. Please note that the entire $35 Consumer Advertising Campaign special assessment qualifies as fully deductible.
Assist your REALTOR® community with a voluntary contribution to IRRF which can help individuals living in the state’s communities which have been affected by natural disasters. IRRF is developed solely for the purpose of helping neighbors and clients in a time of need.
Contributions to the Illinois REALTOR Relief are tax-deductible contributions.
ILLINOIS REALTORS® RVOICE PROGRAM
ILLINOIS REALTORS® 2022 dues include a $85 mandatory assessment for all REALTOR® and REALTOR®-ASSOCIATE members to fund the RVOICE Program, established in 2006 to ensure that REALTORS® have a strong voice on public policy issues throughout Illinois. RVOICE provides ILLINOIS REALTORS® the resources to advocate on local governmental issues and take its message to the people, policy makers and the media. Learn more at https://www.illinoisrealtors.org/advocacy
