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Federal Income Taxes paid by Donald Trump

1040 Departmen U.S. Inc 31,2016, or FEDERAL INCOME TAXES PAID BY DONALD TRUMP 2015: $641,931 2016: $750 2017: $750 2018: $999,466 2019: $133,445 2020: $0-claimed a refund of $5.47M >SOURCE: HOUSE COMMITTEE ON WAYS AND MEANS MSNBC REPORTS
1040 Departmen U.S. Inc 31,2016, or FEDERAL INCOME TAXES PAID BY DONALD TRUMP 2015: $641,931 2016: $750 2017: $750 2018: $999,466 2019: $133,445 2020: $0-claimed a refund of $5.47M >SOURCE: HOUSE COMMITTEE ON WAYS AND MEANS MSNBC REPORTS

Donald Trump's Tax Returns
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Trump Is a horrible businessman Trump committed felony tax evasion who wasted millions of dollars MAKE AMERICA GRRATAGAIN imgilp.com JAKE-CLARK.TUMBLR
Trump Is a horrible businessman Trump committed felony tax evasion who wasted millions of dollars MAKE AMERICA GRRATAGAIN imgilp.com JAKE-CLARK.TUMBLR

Donald Trump's Tax Returns
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NYT Article

business losses, to entirely wipe out their tax liabilities. Mr. Trump paid alternative minimum tax in seven years between 2000 and 2017 – a total of $24.3 million, excluding refunds he received after filing. For 2015, he paid $641,931, his first payment of any federal income tax since 2010. As he settled into the Oval Office, his tax bills soon returned to form. His potential taxable income in 2016 and 2017 included $24.8 million in profits from sources related to his celebrity status and $56.4 million for the loans he did not repay. The dreaded alternative minimum tax would let his business losses erase only some of his liability. Each time, he requested an extension to file his 1040; and each time, he made the required payment to the I.R.S. for income taxes he might owe – $1 million for 2016 and $4.2 million for 2017. But virtually all of that liability was washed away when he eventually filed, and most of the payments were rolled forward to cover potential taxes in future years. To cancel out the tax bills, Mr. Trump made use of $9.7 million in business investment credits, at least some of which related to his renovation of the Old Post Office hotel, which qualified for a historic-preservation tax break. Although he had more than enough credits to owe no taxes at all, his accountants appear to have carved out an allowance for a small tax liability for both 2016 and 2017. When they got to line 56, the one for income taxes due, the amount Subscribe for $1 a week. Offer ends soon.
business losses, to entirely wipe out their tax liabilities. Mr. Trump paid alternative minimum tax in seven years between 2000 and 2017 – a total of $24.3 million, excluding refunds he received after filing. For 2015, he paid $641,931, his first payment of any federal income tax since 2010. As he settled into the Oval Office, his tax bills soon returned to form. His potential taxable income in 2016 and 2017 included $24.8 million in profits from sources related to his celebrity status and $56.4 million for the loans he did not repay. The dreaded alternative minimum tax would let his business losses erase only some of his liability. Each time, he requested an extension to file his 1040; and each time, he made the required payment to the I.R.S. for income taxes he might owe – $1 million for 2016 and $4.2 million for 2017. But virtually all of that liability was washed away when he eventually filed, and most of the payments were rolled forward to cover potential taxes in future years. To cancel out the tax bills, Mr. Trump made use of $9.7 million in business investment credits, at least some of which related to his renovation of the Old Post Office hotel, which qualified for a historic-preservation tax break. Although he had more than enough credits to owe no taxes at all, his accountants appear to have carved out an allowance for a small tax liability for both 2016 and 2017. When they got to line 56, the one for income taxes due, the amount Subscribe for $1 a week. Offer ends soon.

Donald Trump's Tax Returns
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Libertarians be like

beinglibertanian So you actually Yes applaud Trump for his tax evasion?
beinglibertanian So you actually Yes applaud Trump for his tax evasion?

Donald Trump's Tax Returns
soyjack yes chad libertarian

My face when I read $750

Eugene Lee Yang @EugeneLeeYang My face when I read $750 4:15 PM · Sep 27, 2020 · Twitter Web App
Eugene Lee Yang @EugeneLeeYang My face when I read $750 4:15 PM · Sep 27, 2020 · Twitter Web App

Donald Trump's Tax Returns
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Only a dishonest media would care more about Trump allegedly paying $750 in taxes than Hunter Biden taking in $350 Million from the Russians. The New York Times game of "gotcha" with the president makes them look petty and small.

Charlie Kirk @charliekirk11 Only a dishonest media would care more about Trump allegedly paying $750 in taxes than Hunter Biden taking in $350 Million from the Russians. The New York Times game of "gotcha" with the president makes them look petty and small. 7:46 AM · Sep 28, 2020 · Twitter for iPhone
Charlie Kirk @charliekirk11 Only a dishonest media would care more about Trump allegedly paying $750 in taxes than Hunter Biden taking in $350 Million from the Russians. The New York Times game of "gotcha" with the president makes them look petty and small. 7:46 AM · Sep 28, 2020 · Twitter for iPhone

Donald Trump's Tax Returns
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The Fake News Media, just like Election time 2016, is bringing up my Taxes & all sorts of other nonsense with illegally obtained information & only bad intent. I paid many millions of dollars in taxes but was entitled, like everyone else, to depreciation

Donald J. Trump O @realDonaldTrump The Fake News Media, just like Election time 2016, is bringing up my Taxes & all sorts of other nonsense with illegally obtained information & only bad intent. I paid many millions of dollars in taxes but was entitled, like everyone else, to depreciation & tax credits.... 7:29 AM Sep 28, 2020 · Twitter for iPhone 7.6K Retweets 1.3K Quote Tweets 28.1K Likes Donald J. Trump @realDonald Trump · 39m Replying to @realDonaldTrump .Also, if you look at the extraordinary assets owned by me, which the Fake News hasn't, I am extremely under leveraged - I have very little debt compared to the value of assets. Much of this information is already on file, but I have long said that I may release.... O 2K 27 3.9K 16.1K Donald J. Trump @realDonald Trump · 39m .Financial Statements, from the time I announced I was going to run for President, showing all properties, assets and debts. It is a very IMPRESSIVE Statement, and also shows that I am the only President on record to give up my yearly $400,000 plus Presidential Salary! 5.3K 27 5.1K 19.6K
Donald J. Trump O @realDonaldTrump The Fake News Media, just like Election time 2016, is bringing up my Taxes & all sorts of other nonsense with illegally obtained information & only bad intent. I paid many millions of dollars in taxes but was entitled, like everyone else, to depreciation & tax credits.... 7:29 AM Sep 28, 2020 · Twitter for iPhone 7.6K Retweets 1.3K Quote Tweets 28.1K Likes Donald J. Trump @realDonald Trump · 39m Replying to @realDonaldTrump .Also, if you look at the extraordinary assets owned by me, which the Fake News hasn't, I am extremely under leveraged - I have very little debt compared to the value of assets. Much of this information is already on file, but I have long said that I may release.... O 2K 27 3.9K 16.1K Donald J. Trump @realDonald Trump · 39m .Financial Statements, from the time I announced I was going to run for President, showing all properties, assets and debts. It is a very IMPRESSIVE Statement, and also shows that I am the only President on record to give up my yearly $400,000 plus Presidential Salary! 5.3K 27 5.1K 19.6K

Donald Trump's Tax Returns
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