It's pretty rare for Americans to claim negative income on their taxes like the Trumps did for 4 years between 2015 and 2020

Dec 31 2022 by Business Insider

 
Former president Donald Trump and former first lady Melania Trump.

ALEX EDELMAN/AFP via Getty Images

Former president Donald Trump and former first lady Melania Trump reported negative adjusted gross income for four out of the six years from 2015 to 2020. That's according to newly released joint income tax returns for these years. An IRS report shows it's not that common for taxpayers to report adjusted gross income below $1.

Almost all American taxpayers end up reporting positive income to...

Continue Reading It's pretty rare for Americans to claim negative income on their taxes like the Trumps did for 4 years between 2015 and 2020