- The House Ways and Means Committee released Trump’s tax returns to the public on Friday.
- The documents reveal details of the former president’s personal finances from 2015 to 2020.
- They also include how much Trump told the Internal Revenue Service he made each year.
The House Ways and Means Committee has released former President Donald Trump’s tax returns to the public, revealing details of his personal finances while in office.
Significantly, the documents released on Friday show much he and former first lady Melania Trump told the Internal Revenue Service they made on their jointly-filed personal tax returns from 2015 to 2020.
The documents reveal that the duo reported negative income for several years during that period of time.
Here’s how much total personal income the two reported each year, according to the documents:
- 2015: -$31,736,841
- 2016: -$32,190,169
- 2017: -$12,819,400
- 2018: $24,395,093
- 2019: $4,443,503
- 2020: –$4,694,058
Trump was able to pay so little in taxes by reporting this negative income, which was tied to heavy losses from his businesses.
A 2020 New York Times investigation revealed that Trump had paid just $750 in taxes in 2017.
Part of the Form 1040 filed by Donald and Melania Trump for 2020.
House Ways and Means Committee
The revelations come after a years-long legal battle and a partly-line committee vote to release the documents that happened earlier this month.
In November, the Supreme Court dismissed an emergency request from Trump to block the release of the documents to the Ways and Means Committee, clearing the way for their eventual release.
Committee Chairman Richard Neal first requested the documents from the Internal Revenue Service in 2019. The Trump administration refused to turn over the records, spurring a year-longs legal fight.
Trump had also declined to publicly release his returns voluntarily, something presidential candidates have done for decades.
Correction: December 30, 2022 — An earlier version of this story misstated Trump’s personal incomes for 2015, 2016, 2017, and 2020. He reported negative income for those years, not positive.
