In this example, the PAC made a $14,500 independent expenditure supporting candidate Louisa Adams in the Massachusetts Senate election in a previous reporting period. At the time it was incurred, the PAC reported this on Schedule D as a debt.
The PAC is now repaying the debt owed. The payment will be shown on Schedule E of Form 3X and on Schedule D.
Reporting with FECFile
To enter a debt payment, go to the Loans/Debts tab, right click on the debt you are paying and select “Loan/Debt payment.” In the “Loan/Debts payments” window, choose “Add new…” This will add the payment to Schedule D as well as disclose the payment on the appropriate disbursement line and schedule.