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24.12. Form 3X - Line 16: Refunds of Contributions Made to Federal Candidates & Other Political Committees

Line 16 – Refunds of Contributions Made to Others
Record Types: All Record Types
Transaction Types: Expense

Expense

Expenses can be entered starting from the Financial drop down and choosing Expense. To get the transaction onto line 16 you must then set the below two fields as such:

1) Click the "Reversal" box in the upper right to mark the expense as a reversal
2) Set Reporting Code to 011 - Political Contribution

Then, enter your data in the appropriate fields and Save.

Knowledge Tags

Form 3X  /