Estimating independent expenditures
If the cost of an independent expenditure is not known at the time it is disseminated, the filer estimates the cost on the 24 or 48-hour report.
Reporting the estimate
The filer estimates the cost of the independent expenditure on its 24 or 48-hour report using Schedule 5-E of Form 5. In the purpose field, clearly indicate that the amount is an estimate.
Reporting the actual cost
The filer reports the actual cost of the independent expenditure on its quarterly report using Schedule 5-E of Form 5. In the purpose field, note that the amount is the correct amount and the amount initially reported on the 24 or 48-hour report was an estimate.
Reporting with FECFile
To enter independent expenditures, go to the Summary tab and right click on “Line 7 Independent expenditures.”