Democratic Primaries
Showing Original Post only (View all)Beto O'Rourke appears to have underpaid taxes in 2013, 2014 [View all]
Democratic presidential candidate Beto ORourke 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.
ORourke 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.
After becoming aware of this error, the accounting firm that prepared the filings was immediately informed and will file an amendment as appropriate, an aide to ORourke said.
https://www.msn.com/en-us/news/politics/beto-orourke-appears-to-have-underpaid-taxes-in-2013-2014/ar-BBVZB56?li=BBnbcA1
Looks like Beto did the right thing when this error was discovered. Just putting this out there FYI.
primary today, I would vote for: Joe Biden