Democratic presidential candidate Beto O’Rourke and his wife, Amy, appear to have underpaid their taxes for two years, according to a new report.
The couple appear to have underpaid their 2013 and 2014 taxes by more than $4,000 because they made a mistake in the way they reported their medical expenses, according to an accountant who looked over the returns for the Wall Street Journal.
O’Rourke and his wife, who released their tax returns Monday, took medical expense deductions that were only permitted for medical and dental expenses above 10% of income for people their age. Their taxable income would have increased had they not taken nearly $16,000 in deductions.
Right-wing candidate don’t commit ‘errors.’ They are tax cheats.
ht/ harbqll
No reasonable IRS auditor would recommend charges, there wasn,t any evidence that there was an intent to defraud.
“According to an accountant…”
Gee. Wouldn’t it be fun to have thousands of leftwing accountants and tax lawyers poring over tens of thousands of legally unclear and arguable valuations, characterizations, and items of income, expenses, gains, losses, deductions, carryovers, and carrybacks all under continuous real-time negotiation with the IRS (aka “audit”) of the multiple tax returns and parts thereof of Trump’s super-complicated conglomeration of related international companies and deals.
Heh. Col. Angus – Worked for Hillary. Let’s all try that.
He obviously didn’t hire a professional. Actually, such lack of professionalism is one more indication that he’s a presidential train wreck.
probably used an out-dated version of turbotax.
Think I’ve seen it happen before
don’t wax his ass- tax it!
That’s what happens when you file your taxes using your native language.
Buttplug Buttigieg and Beto ORourke are classic Beta Males. Hey, lets nickname ORourke as “Beta ORourke”!!
Stephens off, people….what was their intent?
Step….I was distracted by the trees.
This moron wants to be leader of the free world?
Kind of like obamas sec of treasury tim geitner who did his taxes with turbo tax – and got it wrong.
Taxes are for sucker Republicans to pay. We Dems don’t pay taxes, we just steal the tax money.