Question: Candidate Feldman ran for Congress in 2010 raising 4 7
Candidate Feldman ran for Congress in 2010, raising $ 4.7 million for the campaign, including $ 800,000 in federal matching amounts. Five months after his opponent was sworn into office, auditors discovered that Feldman used $ 500,000 of campaign donations for a personal vacation, taken immediately after the unsuccessful campaign. What are the tax consequences of this use of election funds?
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