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Calculated Shard: 84 (from laksa128)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa084.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html","crawl_time":1772841981,"first_indexed_time":1672445890,"http_code":200,"src_unparsed":"com,nytimes!www,\/2022\/12\/30\/us\/politics\/trump-tax-returns.html s443","src_root_hash":"4566504020376537684","history_drop_reason":null,"meta_title":"Trump Tax Returns Undermine His Image as a Successful Entrepreneur - The New York Times","meta_descriptions":["The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets."],"attrs_boilerpipe_text":"Advertisement\nSKIP ADVERTISEMENT\nThe release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.\nFormer President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances.\nCredit...\nBrittany Greeson for The New York Times\nDec. 30, 2022\nHouse Democrats released six years of former President Donald J. Trump’s\ntax records\non Friday, offering\nnew insight\ninto his business dealings that further undermined his long-cultivated image as a wildly successful businessman.\nThe release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed\nMr. Trump had paid a total of $1.1 million in federal income taxes\nin the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted.\nThe document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter.\nThe documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid.\nIn a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.”\n“The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote.\nBut the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited.\nMr. Trump’s history of inheriting wealth and then losing it was\nchronicled by The New York Times in 2020\n, when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday.\nIn 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than $24 million. He paid nearly $1 million in federal taxes, nearly the entire total he paid as president.\nThat income appeared to be the result of more than $14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance.\nMuch of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending.\nThe documents show, for example, that the effect of his inheritance in 2018 was greater than what\nThe Times previously reported\n: Mr. Trump recorded $25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City.\nThe sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of $1 million in assets or equipment sold at a loss by two of his business entities, and another $1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes.\nMr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show.\nTax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action.\nAfter Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents.\nThe final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements.\nDemocrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns.\n“Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.”\nImage\nRepresentative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns.\nCredit...\nHaiyun Jiang\/The New York Times\nBut Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a\nreport of their own\non Friday that included detailed complaints about the process leading to the disclosure of the documents.\n“Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report.\nMr. Trump also raised the threat of retaliation.\n“The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!”\nAs a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the $400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said.\nIn his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities.\nIn the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly $1.9 million in 2017 and just over $500,000 in both 2018 and 2019.\nThe tax law Mr. Trump\nsigned in late 2017\n, which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners.\nBut the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying $8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only $10,000 of those taxes paid on his federal income tax return.\nImage\nMr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited.\nCredit...\nDakota Santiago for The New York Times\nMr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them.\nFor years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant.\nThe firm formally cut ties with Mr. Trump and his businesses\nthis year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization.\nBut it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show.\nThe documents also raised new questions about the audits Mr. Trump has faced in and out of office.\nIn their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.”\nThe report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling $72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest.\nThe claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office.\nThe committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years.\nSteven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved.\n“Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center.\nAlan Rappeport contributed reporting.\nJim Tankersley\nis a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of \"The Riches of This Land: The Untold, True Story of America's Middle Class.\"\nSusanne Craig\nis an investigative reporter. She has been a Wall Street  correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire. \nRuss Buettner\nis an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father.\nA version of this article appears in print on\nDec. 31, 2022\n, Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses\n.\nOrder Reprints\n|\nToday’s Paper\n|\nSubscribe\nRelated Content\nMore in Politics\nPete Marovich for The New York Times\nThom Bridge\/Independent Record, via Associated Press\nCaroline Gutman for The New York Times\nEditors’ Picks\nImage by Eric Striffler for The New York Times\nLouise Moerup\nTrending in The Times\nMPTV Images, via Reuters Connect\nChristie Hemm Klok for The New York Times\nMatteo Prandoni\/BFA.com\nKaoly Gutierrez for The New York Times\nJoel Goldberg for The New York Times. Food Stylist: Hadas Smirnoff.\nAmanda Shae Home Team Realty Group\nThe New York Times\nArash Khamooshi for The New York Times\nJuan Barreto\/Agence France-Presse — Getty Images\nPaolo Lobbia\nAdvertisement\nSKIP ADVERTISEMENT","attrs_markdown":"[Skip to content](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#site-content)[Skip to site index](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#site-index)\n\nSearch & Section Navigation\n\nSection Navigation\n\nSearch\n\n[Politics](https:\/\/www.nytimes.com\/section\/politics)\n\n[Log in](https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&client_id=vi&redirect_uri=https%3A%2F%2Fwww.nytimes.com%2Fsubscription%2Fonboarding-offer%3FcampaignId%3D7JFJX%26EXIT_URI%3Dhttps%253A%252F%252Fwww.nytimes.com%252F2022%252F12%252F30%252Fus%252Fpolitics%252Ftrump-tax-returns.html&asset=masthead)\n\nFriday, March 6, 2026\n\n[Today’s Paper](https:\/\/www.nytimes.com\/section\/todayspaper)\n\nTrump Administration\n\n- live[Updates](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/us\/trump-news-updates)\n  \n  March 6, 2026, 6:50 p.m. ET16m ago\n- live[War in the Middle East](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/world\/iran-war-trump-israel-lebanon)\n  \n  March 6, 2026, 6:51 p.m. ET14m ago\n- [Job Losses](https:\/\/www.nytimes.com\/2026\/03\/06\/business\/economy\/what-to-know-about-the-report.html)\n- [Kristi Noem Fired](https:\/\/www.nytimes.com\/2026\/03\/05\/us\/politics\/kristi-noem-dhs-timeline.html)\n- [F.D.A Vaccine Regulator Resigns](https:\/\/www.nytimes.com\/2026\/03\/06\/health\/fda-prasad-resigns.html)\n- [Approval Rating](https:\/\/www.nytimes.com\/interactive\/polls\/donald-trump-approval-rating-polls.html)\n\nAdvertisement\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#after-top)\n\nSupported by\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#after-sponsor)\n# Trump Tax Returns Undermine His Image as a Successful Entrepreneur\nThe release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.\n\n- Share full article\n- 1\\.7k\n\n![Donald J. Trump during a campaign rally with American flags in the background.](https:\/\/static01.nyt.com\/images\/2022\/12\/23\/multimedia\/23dc-trumptaxes-1-3361\/23dc-trumptaxes-1-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nFormer President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances.Credit...Brittany Greeson for The New York Times\n\n[![Jim Tankersley](https:\/\/static01.nyt.com\/images\/2018\/10\/19\/multimedia\/author-jim-tankersley\/author-jim-tankersley-thumbLarge-v2.png)](https:\/\/www.nytimes.com\/by\/jim-tankersley)[![Susanne Craig](https:\/\/static01.nyt.com\/images\/2018\/09\/10\/multimedia\/author-susanne-craig\/author-susanne-craig-thumbLarge.png)](https:\/\/www.nytimes.com\/by\/susanne-craig)[![Russ Buettner](https:\/\/static01.nyt.com\/images\/2018\/02\/16\/multimedia\/author-russ-buettner\/author-russ-buettner-thumbLarge-v4.png)](https:\/\/www.nytimes.com\/by\/russ-buettner)\n\nBy [Jim Tankersley](https:\/\/www.nytimes.com\/by\/jim-tankersley)[Susanne Craig](https:\/\/www.nytimes.com\/by\/susanne-craig) and [Russ Buettner](https:\/\/www.nytimes.com\/by\/russ-buettner)\n\nDec. 30, 2022\n\nHouse Democrats released six years of former President Donald J. Trump’s [tax records](https:\/\/int.nyt.com\/data\/documenttools\/trump-taxes-attachment-e\/Attachment%20E%20Combined.pdf) on Friday, offering [new insight](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns-takeaways.html) into his business dealings that further undermined his long-cultivated image as a wildly successful businessman.\n\nThe release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed [Mr. Trump had paid a total of \\$1.1 million in federal income taxes](https:\/\/www.nytimes.com\/2022\/12\/21\/us\/politics\/trump-taxes-income.html) in the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted.\n\nThe document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter.\n\nThe documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid.\n\nIn a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.”\n\n“The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote.\n\nBut the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited.\n\nMr. Trump’s history of inheriting wealth and then losing it was [chronicled by The New York Times in 2020](https:\/\/www.nytimes.com\/interactive\/2020\/09\/27\/us\/donald-trump-taxes.html), when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday.\n\nIn 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than \\$24 million. He paid nearly \\$1 million in federal taxes, nearly the entire total he paid as president.\n\n## Editors’ Picks\n[![](https:\/\/static01.nyt.com\/images\/2026\/03\/08\/fashion\/08ST-MODERN-OBRIEN\/08ST-MODERN-OBRIEN-thumbLarge.jpg)A Power Outage Made Us Possible](https:\/\/www.nytimes.com\/2026\/03\/06\/style\/modern-love-a-power-outage-made-us-possible.html)\n\n[![](https:\/\/static01.nyt.com\/images\/2026\/03\/08\/books\/review\/05tbr-bythebook-heughan\/05tbr-bythebook-heughan-thumbLarge.jpg)Sam Heughan Says the ‘Outlander’ Finale Will Surprise Fans of the Novels](https:\/\/www.nytimes.com\/2026\/03\/05\/books\/review\/sam-heughan-outlander-favorite-books.html)\n\n[![](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/multimedia\/06trav-riviera-winter-01-jtgp\/06trav-riviera-winter-01-jtgp-thumbLarge-v2.jpg)The French Riviera in Winter: Sparkle Without the Glitter](https:\/\/www.nytimes.com\/2026\/03\/06\/travel\/france-riviera-winter-travel.html)\n\nAdvertisement\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#after-pp_edpick)\n\nThat income appeared to be the result of more than \\$14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance.\n\nMuch of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending.\n\nThe documents show, for example, that the effect of his inheritance in 2018 was greater than what [The Times previously reported](https:\/\/www.nytimes.com\/2022\/12\/21\/us\/politics\/trump-tax-returns-findings.html): Mr. Trump recorded \\$25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City.\n\nThe sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of \\$1 million in assets or equipment sold at a loss by two of his business entities, and another \\$1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes.\n\nMr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show.\n\nTax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action.\n\nAfter Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents.\n\nThe final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements.\n\n## [Trump Administration: Live Updates](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/us\/trump-news-updates)\nUpdated\n\nMarch 6, 2026, 5:32 p.m. ET2 hours ago\n\n- [Divisive F.D.A. vaccine regulator resigns.](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/us\/trump-news-updates#fda-prasad-resigns)\n- [The Justice Dept. pushes for charges against Cuban leaders.](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/us\/trump-news-updates#justice-dept-orders-cuba-investigation)\n- [The architect of Trump’s rollback of climate rules leaves the White House.](https:\/\/www.nytimes.com\/live\/2026\/03\/06\/us\/trump-news-updates#trump-administration-jeffrey-clark-exit)\n\nDemocrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns.\n\n“Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.”\n\nImage\n\n![Representative Richard E. Neal speaking with other members of the panel while sitting on the dais.](https:\/\/static01.nyt.com\/images\/2022\/12\/23\/multimedia\/23dc-trumptaxes-2-3361\/23dc-trumptaxes-2-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nRepresentative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns.Credit...Haiyun Jiang\/The New York Times\n\nBut Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a [report of their own](https:\/\/gop-waysandmeans.house.gov\/wp-content\/uploads\/2022\/12\/2022.12.20-Executive-Session-Dissenting-Views.pdf) on Friday that included detailed complaints about the process leading to the disclosure of the documents.\n\n“Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report.\n\nMr. Trump also raised the threat of retaliation.\n\n“The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!”\n\nAs a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the \\$400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said.\n\nIn his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities.\n\nIn the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly \\$1.9 million in 2017 and just over \\$500,000 in both 2018 and 2019.\n\nThe tax law Mr. Trump [signed in late 2017](https:\/\/www.nytimes.com\/2017\/12\/22\/us\/politics\/trump-tax-bill.html), which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners.\n\nBut the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying \\$8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only \\$10,000 of those taxes paid on his federal income tax return.\n\nImage\n\n![A police vehicle parked in front of Trump Tower in New York.](https:\/\/static01.nyt.com\/images\/2022\/12\/30\/multimedia\/30dc-trumptaxes-3-1-c8d6\/30dc-trumptaxes-3-1-c8d6-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nMr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited.Credit...Dakota Santiago for The New York Times\n\nMr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them.\n\nFor years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant.\n\n[The firm formally cut ties with Mr. Trump and his businesses](https:\/\/www.nytimes.com\/2022\/02\/14\/nyregion\/mazars-trump-organization-financial-statements.html) this year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization.\n\nBut it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show.\n\nThe documents also raised new questions about the audits Mr. Trump has faced in and out of office.\n\nIn their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.”\n\nThe report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling \\$72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest.\n\nThe claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office.\n\nThe committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years.\n\nSteven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved.\n\n“Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center.\n\nAlan Rappeport contributed reporting.\n\nTrump’s Tax Returns\n\n[![]()Key Takeaways From Trump’s Tax Returns Dec. 30, 2022](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns-takeaways.html)\n\n[![]()Here Are the Key Numbers From Trump’s Tax Returns](https:\/\/www.nytimes.com\/interactive\/2022\/12\/21\/us\/politics\/trump-tax-return-numbers.html)\n\n[![]()Trump Paid \\$1.1 Million in Taxes During Presidency, but \\$0 in 2020, Report Shows Dec. 21, 2022](https:\/\/www.nytimes.com\/2022\/12\/21\/us\/politics\/trump-taxes-income.html)\n\n[![]()Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance](https:\/\/www.nytimes.com\/interactive\/2020\/09\/27\/us\/donald-trump-taxes.html)\n\n[Jim Tankersley](https:\/\/www.nytimes.com\/by\/jim-tankersley) is a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of \"The Riches of This Land: The Untold, True Story of America's Middle Class.\"\n\n[Susanne Craig](https:\/\/www.nytimes.com\/by\/susanne-craig) is an investigative reporter. She has been a Wall Street correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire.\n\n[Russ Buettner](https:\/\/www.nytimes.com\/by\/russ-buettner) is an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father.\n\nA version of this article appears in print on Dec. 31, 2022, Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses. [Order Reprints](https:\/\/nytimes.wrightsmedia.com\/) \\| [Today’s Paper](https:\/\/www.nytimes.com\/section\/todayspaper) \\| [Subscribe](https:\/\/www.nytimes.com\/subscriptions\/Multiproduct\/lp8HYKU.html?campaignId=48JQY)\n\nSee more on: [Donald Trump](https:\/\/www.nytimes.com\/spotlight\/donald-trump), [Internal Revenue Service](https:\/\/www.nytimes.com\/topic\/organization\/internal-revenue-service), [U.S. Politics](https:\/\/www.nytimes.com\/section\/politics)\n\nRead 1,672 comments\n\n- Share full article\n- 1\\.7k\n\n***\n## The Latest on the Trump Administration\n***\n- **Weak Jobs Report:** The president’s economic advisers [insist that any signs of strains are temporary](https:\/\/www.nytimes.com\/2026\/03\/06\/business\/economy\/trump-gas-prices.html), while [Democrats warned](https:\/\/www.nytimes.com\/2026\/03\/06\/business\/economy\/jobs-report-unemployment-democrats-republicans-midterms.html) that [an unexpectedly poor jobs report](https:\/\/www.nytimes.com\/2026\/03\/06\/business\/economy\/what-to-know-about-the-report.html) signaled that the economy could sink into a recession.\n- **National Security Resources:** Firings, resignations and diversions to the president’s priorities have left [elite counterterrorism and counterintelligence units stretched thin](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/trump-iran-war-doj-dhs-firings.html), current and former officials say. There is widespread concern about the capacity of these units to deal with threats unleashed by Iran.\n- **Conviction in Assassination Plot:** A Pakistani man accused of plotting with the Iranian government to murder American politicians, including President Trump, [was convicted](https:\/\/www.nytimes.com\/2026\/03\/06\/nyregion\/guilty-iran-trump-merchant-trial.html) of orchestrating a scheme that involved hiring hit men, stealing documents and assassinating high-ranking public officials.\n- **Push for Charges Against Cuban Leaders:** The U.S. attorney in South Florida has [ordered a broad-ranging inquiry](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/justice-dept-cuba-investigation.html) into Cuba’s leaders and Communist Party officials for drug, immigration, economic and violent crimes with a goal of bringing fast indictments, according to three people with knowledge of his actions.\n- **Architect of Trump’s Climate Rollbacks:** Jeffrey B. Clark, who oversaw the dismantlement of government restrictions on greenhouse gas emissions and water and air pollution, [has left his position](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/trump-administration-jeffrey-clark-exit.html) as the White House regulatory czar, according to three people familiar with the decision.\n- **Pardon Industry’s Pathway to Trump:** One inmate paid lobbyists and lawyers with ties to Trump’s team and walked free. Others are following his blueprint, [but it is not always clear who can deliver](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/schwartz-trump-pardon-industry.html). Our reporters [combed through public records](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/how-the-times-covers-pardons.html) and scrutinized social media to track down the connections.\n***\n**How We Report on the Trump Administration**\n\nHundreds of readers asked about our coverage of the president. Times editors and reporters [responded to some of the most common questions](https:\/\/www.nytimes.com\/2025\/03\/06\/insider\/how-the-new-york-times-reports-on-trump.html).\n\n## Related Content\n### [More in Politics](https:\/\/www.nytimes.com\/section\/politics)\n- [‘Cheap’ and ‘Appalling’: Trump’s Ballroom Plans Receive a Flood of Negative Comments](https:\/\/www.nytimes.com\/2026\/03\/03\/us\/politics\/trump-ballroom-comments.html)\n  \n  ![President Trump’s demolition of the East Wing and remaking of the White House in his own style have struck a nerve with Americans.](https:\/\/static01.nyt.com\/images\/2026\/03\/03\/multimedia\/03dc-ballroom-bthw\/03dc-ballroom-bthw-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Pete Marovich for The New York Times\n- [From 1994: Jacqueline Kennedy Onassis Dies of Cancer at 64](https:\/\/www.nytimes.com\/2026\/03\/06\/us\/politics\/jacqueline-kennedy-onassis-dead.html)\n  \n  ![Mrs. Onassis in an undated photo in New York City.](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/multimedia\/06WHM-Kennedy-Obit-lwmh\/06WHM-Kennedy-Obit-lwmh-square640.jpg?quality=75&auto=webp&disable=upscale)\n- [A Sly Political Switcheroo Stuns Montana and Starts a New Senate Fight](https:\/\/www.nytimes.com\/2026\/03\/05\/us\/politics\/steve-daines-montana-senate-alme.html)\n  \n  ![Kurt Alme, who has been serving as the U.S. attorney for Montana, was endorsed by Senator Steve Daines and President Trump to succeed Mr. Daines in a race for what will now be an open seat.](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/us\/politics\/pol-montana\/pol-montana-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Thom Bridge\/Independent Record, via Associated Press\n- [Top National Symphony Leader Quits in New Blow to Kennedy Center](https:\/\/www.nytimes.com\/2026\/03\/06\/arts\/music\/kennedy-center-national-symphony-orchestra-leader-quits.html)\n  \n  ![“It’s no secret that this has been a really hard year,” the executive director of the National Symphony Orchestra, Jean Davidson, said of her decision to leave her post after less than three years.](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/multimedia\/06cul-kennedy-nso-tczw\/06cul-kennedy-nso-tczw-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Caroline Gutman for The New York Times\n\n### Editors’ Picks\n- [The Piano Man’s Long Goodbye to Long Island](https:\/\/www.nytimes.com\/2026\/03\/03\/realestate\/billy-joel-house-sale-long-island.html)\n  \n  ![](https:\/\/static01.nyt.com\/images\/2024\/10\/10\/autossell\/10listing-billyjoel-still\/10listing-billyjoel-still-square640-v2.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Image by Eric Striffler for The New York Times\n- [The Statues Were Mostly Men or Nude Women. 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[Canada](https:\/\/www.nytimes.com\/ca\/)\n- [International](https:\/\/www.nytimes.com\/international\/)\n- [Help](https:\/\/help.nytimes.com\/hc\/en-us)\n- [Subscriptions](https:\/\/www.nytimes.com\/subscription?campaignId=37WXW)","attrs_readable_markdown":"Advertisement\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#after-top)\n\nThe release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.\n\n![Donald J. Trump during a campaign rally with American flags in the background.](https:\/\/static01.nyt.com\/images\/2022\/12\/23\/multimedia\/23dc-trumptaxes-1-3361\/23dc-trumptaxes-1-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nFormer President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances.Credit...Brittany Greeson for The New York Times\n\nDec. 30, 2022\n\nHouse Democrats released six years of former President Donald J. Trump’s [tax records](https:\/\/int.nyt.com\/data\/documenttools\/trump-taxes-attachment-e\/Attachment%20E%20Combined.pdf) on Friday, offering [new insight](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns-takeaways.html) into his business dealings that further undermined his long-cultivated image as a wildly successful businessman.\n\nThe release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed [Mr. Trump had paid a total of \\$1.1 million in federal income taxes](https:\/\/www.nytimes.com\/2022\/12\/21\/us\/politics\/trump-taxes-income.html) in the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted.\n\nThe document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter.\n\nThe documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid.\n\nIn a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.”\n\n“The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote.\n\nBut the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited.\n\nMr. Trump’s history of inheriting wealth and then losing it was [chronicled by The New York Times in 2020](https:\/\/www.nytimes.com\/interactive\/2020\/09\/27\/us\/donald-trump-taxes.html), when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday.\n\nIn 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than \\$24 million. He paid nearly \\$1 million in federal taxes, nearly the entire total he paid as president.\n\nThat income appeared to be the result of more than \\$14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance.\n\nMuch of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending.\n\nThe documents show, for example, that the effect of his inheritance in 2018 was greater than what [The Times previously reported](https:\/\/www.nytimes.com\/2022\/12\/21\/us\/politics\/trump-tax-returns-findings.html): Mr. Trump recorded \\$25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City.\n\nThe sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of \\$1 million in assets or equipment sold at a loss by two of his business entities, and another \\$1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes.\n\nMr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show.\n\nTax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action.\n\nAfter Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents.\n\nThe final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements.\n\nDemocrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns.\n\n“Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.”\n\nImage\n\n![Representative Richard E. Neal speaking with other members of the panel while sitting on the dais.](https:\/\/static01.nyt.com\/images\/2022\/12\/23\/multimedia\/23dc-trumptaxes-2-3361\/23dc-trumptaxes-2-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nRepresentative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns.Credit...Haiyun Jiang\/The New York Times\n\nBut Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a [report of their own](https:\/\/gop-waysandmeans.house.gov\/wp-content\/uploads\/2022\/12\/2022.12.20-Executive-Session-Dissenting-Views.pdf) on Friday that included detailed complaints about the process leading to the disclosure of the documents.\n\n“Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report.\n\nMr. Trump also raised the threat of retaliation.\n\n“The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!”\n\nAs a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the \\$400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said.\n\nIn his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities.\n\nIn the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly \\$1.9 million in 2017 and just over \\$500,000 in both 2018 and 2019.\n\nThe tax law Mr. Trump [signed in late 2017](https:\/\/www.nytimes.com\/2017\/12\/22\/us\/politics\/trump-tax-bill.html), which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners.\n\nBut the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying \\$8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only \\$10,000 of those taxes paid on his federal income tax return.\n\nImage\n\n![A police vehicle parked in front of Trump Tower in New York.](https:\/\/static01.nyt.com\/images\/2022\/12\/30\/multimedia\/30dc-trumptaxes-3-1-c8d6\/30dc-trumptaxes-3-1-c8d6-articleLarge.jpg?quality=75&auto=webp&disable=upscale)\n\nMr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited.Credit...Dakota Santiago for The New York Times\n\nMr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them.\n\nFor years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant.\n\n[The firm formally cut ties with Mr. Trump and his businesses](https:\/\/www.nytimes.com\/2022\/02\/14\/nyregion\/mazars-trump-organization-financial-statements.html) this year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization.\n\nBut it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show.\n\nThe documents also raised new questions about the audits Mr. Trump has faced in and out of office.\n\nIn their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.”\n\nThe report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling \\$72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest.\n\nThe claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office.\n\nThe committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years.\n\nSteven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved.\n\n“Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center.\n\nAlan Rappeport contributed reporting.\n\n[Jim Tankersley](https:\/\/www.nytimes.com\/by\/jim-tankersley) is a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of \"The Riches of This Land: The Untold, True Story of America's Middle Class.\"\n\n[Susanne Craig](https:\/\/www.nytimes.com\/by\/susanne-craig) is an investigative reporter. She has been a Wall Street correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire.\n\n[Russ Buettner](https:\/\/www.nytimes.com\/by\/russ-buettner) is an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father.\n\nA version of this article appears in print on Dec. 31, 2022, Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses. [Order Reprints](https:\/\/nytimes.wrightsmedia.com\/) \\| [Today’s Paper](https:\/\/www.nytimes.com\/section\/todayspaper) \\| [Subscribe](https:\/\/www.nytimes.com\/subscriptions\/Multiproduct\/lp8HYKU.html?campaignId=48JQY)\n\n## Related Content\n[More in Politics](https:\/\/www.nytimes.com\/section\/politics)\n\n- ![President Trump’s demolition of the East Wing and remaking of the White House in his own style have struck a nerve with Americans.](https:\/\/static01.nyt.com\/images\/2026\/03\/03\/multimedia\/03dc-ballroom-bthw\/03dc-ballroom-bthw-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Pete Marovich for The New York Times\n- ![Mrs. Onassis in an undated photo in New York City.](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/multimedia\/06WHM-Kennedy-Obit-lwmh\/06WHM-Kennedy-Obit-lwmh-square640.jpg?quality=75&auto=webp&disable=upscale)\n- ![Kurt Alme, who has been serving as the U.S. attorney for Montana, was endorsed by Senator Steve Daines and President Trump to succeed Mr. Daines in a race for what will now be an open seat.](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/us\/politics\/pol-montana\/pol-montana-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Thom Bridge\/Independent Record, via Associated Press\n- ![“It’s no secret that this has been a really hard year,” the executive director of the National Symphony Orchestra, Jean Davidson, said of her decision to leave her post after less than three years.](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/multimedia\/06cul-kennedy-nso-tczw\/06cul-kennedy-nso-tczw-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Caroline Gutman for The New York Times\n\nEditors’ Picks\n\n- ![](https:\/\/static01.nyt.com\/images\/2024\/10\/10\/autossell\/10listing-billyjoel-still\/10listing-billyjoel-still-square640-v2.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Image by Eric Striffler for The New York Times\n- ![“Venus With the Apple” in Enghave Park in Copenhagen. Louise Moerup knitted the dress for the woman and the green hat for the baby.](https:\/\/static01.nyt.com\/images\/2026\/03\/04\/arts\/04cul-denmark-women\/04cul-denmark-women-square640.jpg?quality=75&auto=webp&disable=upscale)\n  \n  Louise Moerup\n\nTrending in The Times\n\n- ![Judy Garland around 1941.](https:\/\/static01.nyt.com\/images\/2026\/03\/06\/obituaries\/06WHM-Garland-Obit-01\/06WHM-Garland-Obit-01-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  MPTV Images, via Reuters Connect\n- ![A Google data center. Large data centers can use as much electricity as a small city.](https:\/\/static01.nyt.com\/images\/2026\/03\/04\/multimedia\/04cli-data-centers-electricity-01-cwfv\/04cli-data-centers-electricity-01-cwfv-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Christie Hemm Klok for The New York Times\n- ![President Emmanuel Macron bestowing the French Legion of Honor medal on Stella McCartney.](https:\/\/static01.nyt.com\/images\/2026\/03\/07\/multimedia\/07ST-MCCARTNEY--01-ghmt\/07ST-MCCARTNEY--01-ghmt-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Matteo Prandoni\/BFA.com\n- ![Uptake of the vaccine has been slow, like at this public health fair at The University of South Carolina School of Medicine in Greenville, S.C.](https:\/\/static01.nyt.com\/images\/2026\/03\/03\/multimedia\/03nat-measles-southcarolina-01-kcqv\/03nat-measles-southcarolina-01-kcqv-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Kaoly Gutierrez for The New York Times\n- ![](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/multimedia\/05FD-20-MINUTE-SOUPS-topart-pestochickpeasoup-pvhm\/05FD-20-MINUTE-SOUPS-topart-pestochickpeasoup-pvhm-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Joel Goldberg for The New York Times. Food Stylist: Hadas Smirnoff.\n- ![](https:\/\/static01.nyt.com\/images\/2026\/03\/04\/realestate\/04re-wyg-Louisville\/04re-wyg-Louisville-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Amanda Shae Home Team Realty Group\n- ![](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/opinion\/05rosspod-mills-image\/05rosspod-mills-image-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  The New York Times\n- ![Black smoke over Tehran following airstrikes on Tuesday.](https:\/\/static01.nyt.com\/images\/2026\/03\/03\/multimedia\/03dc-iran-next-01-bjqp\/03dc-iran-next-01-bjqp-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Arash Khamooshi for The New York Times\n- ![A stretch of coast in Suriname, one of many places affected by sea level rise and erosion caused by climate change](https:\/\/static01.nyt.com\/images\/2026\/03\/04\/multimedia\/04cli-sea-level-rise-bmch\/04cli-sea-level-rise-bmch-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Juan Barreto\/Agence France-Presse — Getty Images\n- ![](https:\/\/static01.nyt.com\/images\/2026\/03\/05\/t-magazine\/05tmag-milana\/05tmag-milana-square640.jpg?quality=75&auto=webp&disable=upscale&width=350)\n  \n  Paolo Lobbia\n\nAdvertisement\n\n[SKIP ADVERTISEMENT](https:\/\/www.nytimes.com\/2022\/12\/30\/us\/politics\/trump-tax-returns.html#after-bottom)","meta_canonical":null}

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Meta Title	Trump Tax Returns Undermine His Image as a Successful Entrepreneur - The New York Times
Meta Description	The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.
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Boilerpipe Text	Advertisement SKIP ADVERTISEMENT The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets. Former President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances. Credit... Brittany Greeson for The New York Times Dec. 30, 2022 House Democrats released six years of former President Donald J. Trump’s tax records on Friday, offering new insight into his business dealings that further undermined his long-cultivated image as a wildly successful businessman. The release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed Mr. Trump had paid a total of $1.1 million in federal income taxes in the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted. The document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter. The documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid. In a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.” “The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote. But the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited. Mr. Trump’s history of inheriting wealth and then losing it was chronicled by The New York Times in 2020 , when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday. In 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than $24 million. He paid nearly $1 million in federal taxes, nearly the entire total he paid as president. That income appeared to be the result of more than $14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance. Much of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending. The documents show, for example, that the effect of his inheritance in 2018 was greater than what The Times previously reported : Mr. Trump recorded $25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City. The sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of $1 million in assets or equipment sold at a loss by two of his business entities, and another $1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes. Mr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show. Tax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action. After Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents. The final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements. Democrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns. “Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.” Image Representative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns. Credit... Haiyun Jiang/The New York Times But Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a report of their own on Friday that included detailed complaints about the process leading to the disclosure of the documents. “Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report. Mr. Trump also raised the threat of retaliation. “The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!” As a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the $400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said. In his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities. In the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly $1.9 million in 2017 and just over $500,000 in both 2018 and 2019. The tax law Mr. Trump signed in late 2017 , which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners. But the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying $8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only $10,000 of those taxes paid on his federal income tax return. Image Mr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited. Credit... Dakota Santiago for The New York Times Mr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them. For years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant. The firm formally cut ties with Mr. Trump and his businesses this year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization. But it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show. The documents also raised new questions about the audits Mr. Trump has faced in and out of office. In their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.” The report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling $72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest. The claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office. The committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years. Steven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved. “Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center. Alan Rappeport contributed reporting. Jim Tankersley is a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of "The Riches of This Land: The Untold, True Story of America's Middle Class." Susanne Craig is an investigative reporter. She has been a Wall Street correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire. Russ Buettner is an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father. A version of this article appears in print on Dec. 31, 2022 , Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses . 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Markdown	[Skip to content](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#site-content)[Skip to site index](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#site-index) Search & Section Navigation Section Navigation Search [Politics](https://www.nytimes.com/section/politics) [Log in](https://myaccount.nytimes.com/auth/login?response_type=cookie&client_id=vi&redirect_uri=https%3A%2F%2Fwww.nytimes.com%2Fsubscription%2Fonboarding-offer%3FcampaignId%3D7JFJX%26EXIT_URI%3Dhttps%253A%252F%252Fwww.nytimes.com%252F2022%252F12%252F30%252Fus%252Fpolitics%252Ftrump-tax-returns.html&asset=masthead) Friday, March 6, 2026 [Today’s Paper](https://www.nytimes.com/section/todayspaper) Trump Administration - live[Updates](https://www.nytimes.com/live/2026/03/06/us/trump-news-updates) March 6, 2026, 6:50 p.m. ET16m ago - live[War in the Middle East](https://www.nytimes.com/live/2026/03/06/world/iran-war-trump-israel-lebanon) March 6, 2026, 6:51 p.m. ET14m ago - [Job Losses](https://www.nytimes.com/2026/03/06/business/economy/what-to-know-about-the-report.html) - [Kristi Noem Fired](https://www.nytimes.com/2026/03/05/us/politics/kristi-noem-dhs-timeline.html) - [F.D.A Vaccine Regulator Resigns](https://www.nytimes.com/2026/03/06/health/fda-prasad-resigns.html) - [Approval Rating](https://www.nytimes.com/interactive/polls/donald-trump-approval-rating-polls.html) Advertisement [SKIP ADVERTISEMENT](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#after-top) Supported by [SKIP ADVERTISEMENT](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#after-sponsor) # Trump Tax Returns Undermine His Image as a Successful Entrepreneur The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets. - Share full article - 1\.7k ![Donald J. Trump during a campaign rally with American flags in the background.](https://static01.nyt.com/images/2022/12/23/multimedia/23dc-trumptaxes-1-3361/23dc-trumptaxes-1-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Former President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances.Credit...Brittany Greeson for The New York Times [![Jim Tankersley](https://static01.nyt.com/images/2018/10/19/multimedia/author-jim-tankersley/author-jim-tankersley-thumbLarge-v2.png)](https://www.nytimes.com/by/jim-tankersley)[![Susanne Craig](https://static01.nyt.com/images/2018/09/10/multimedia/author-susanne-craig/author-susanne-craig-thumbLarge.png)](https://www.nytimes.com/by/susanne-craig)[![Russ Buettner](https://static01.nyt.com/images/2018/02/16/multimedia/author-russ-buettner/author-russ-buettner-thumbLarge-v4.png)](https://www.nytimes.com/by/russ-buettner) By [Jim Tankersley](https://www.nytimes.com/by/jim-tankersley)[Susanne Craig](https://www.nytimes.com/by/susanne-craig) and [Russ Buettner](https://www.nytimes.com/by/russ-buettner) Dec. 30, 2022 House Democrats released six years of former President Donald J. Trump’s [tax records](https://int.nyt.com/data/documenttools/trump-taxes-attachment-e/Attachment%20E%20Combined.pdf) on Friday, offering [new insight](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns-takeaways.html) into his business dealings that further undermined his long-cultivated image as a wildly successful businessman. The release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed [Mr. Trump had paid a total of \$1.1 million in federal income taxes](https://www.nytimes.com/2022/12/21/us/politics/trump-taxes-income.html) in the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted. The document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter. The documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid. In a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.” “The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote. But the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited. Mr. Trump’s history of inheriting wealth and then losing it was [chronicled by The New York Times in 2020](https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html), when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday. In 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than \$24 million. He paid nearly \$1 million in federal taxes, nearly the entire total he paid as president. ## Editors’ Picks [![](https://static01.nyt.com/images/2026/03/08/fashion/08ST-MODERN-OBRIEN/08ST-MODERN-OBRIEN-thumbLarge.jpg)A Power Outage Made Us Possible](https://www.nytimes.com/2026/03/06/style/modern-love-a-power-outage-made-us-possible.html) [![](https://static01.nyt.com/images/2026/03/08/books/review/05tbr-bythebook-heughan/05tbr-bythebook-heughan-thumbLarge.jpg)Sam Heughan Says the ‘Outlander’ Finale Will Surprise Fans of the Novels](https://www.nytimes.com/2026/03/05/books/review/sam-heughan-outlander-favorite-books.html) [![](https://static01.nyt.com/images/2026/03/06/multimedia/06trav-riviera-winter-01-jtgp/06trav-riviera-winter-01-jtgp-thumbLarge-v2.jpg)The French Riviera in Winter: Sparkle Without the Glitter](https://www.nytimes.com/2026/03/06/travel/france-riviera-winter-travel.html) Advertisement [SKIP ADVERTISEMENT](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#after-pp_edpick) That income appeared to be the result of more than \$14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance. Much of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending. The documents show, for example, that the effect of his inheritance in 2018 was greater than what [The Times previously reported](https://www.nytimes.com/2022/12/21/us/politics/trump-tax-returns-findings.html): Mr. Trump recorded \$25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City. The sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of \$1 million in assets or equipment sold at a loss by two of his business entities, and another \$1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes. Mr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show. Tax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action. After Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents. The final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements. ## [Trump Administration: Live Updates](https://www.nytimes.com/live/2026/03/06/us/trump-news-updates) Updated March 6, 2026, 5:32 p.m. ET2 hours ago - [Divisive F.D.A. vaccine regulator resigns.](https://www.nytimes.com/live/2026/03/06/us/trump-news-updates#fda-prasad-resigns) - [The Justice Dept. pushes for charges against Cuban leaders.](https://www.nytimes.com/live/2026/03/06/us/trump-news-updates#justice-dept-orders-cuba-investigation) - [The architect of Trump’s rollback of climate rules leaves the White House.](https://www.nytimes.com/live/2026/03/06/us/trump-news-updates#trump-administration-jeffrey-clark-exit) Democrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns. “Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.” Image ![Representative Richard E. Neal speaking with other members of the panel while sitting on the dais.](https://static01.nyt.com/images/2022/12/23/multimedia/23dc-trumptaxes-2-3361/23dc-trumptaxes-2-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Representative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns.Credit...Haiyun Jiang/The New York Times But Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a [report of their own](https://gop-waysandmeans.house.gov/wp-content/uploads/2022/12/2022.12.20-Executive-Session-Dissenting-Views.pdf) on Friday that included detailed complaints about the process leading to the disclosure of the documents. “Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report. Mr. Trump also raised the threat of retaliation. “The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!” As a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the \$400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said. In his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities. In the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly \$1.9 million in 2017 and just over \$500,000 in both 2018 and 2019. The tax law Mr. Trump [signed in late 2017](https://www.nytimes.com/2017/12/22/us/politics/trump-tax-bill.html), which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners. But the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying \$8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only \$10,000 of those taxes paid on his federal income tax return. Image ![A police vehicle parked in front of Trump Tower in New York.](https://static01.nyt.com/images/2022/12/30/multimedia/30dc-trumptaxes-3-1-c8d6/30dc-trumptaxes-3-1-c8d6-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Mr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited.Credit...Dakota Santiago for The New York Times Mr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them. For years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant. [The firm formally cut ties with Mr. Trump and his businesses](https://www.nytimes.com/2022/02/14/nyregion/mazars-trump-organization-financial-statements.html) this year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization. But it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show. The documents also raised new questions about the audits Mr. Trump has faced in and out of office. In their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.” The report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling \$72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest. The claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office. The committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years. Steven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved. “Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center. Alan Rappeport contributed reporting. Trump’s Tax Returns [![]()Key Takeaways From Trump’s Tax Returns Dec. 30, 2022](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns-takeaways.html) [![]()Here Are the Key Numbers From Trump’s Tax Returns](https://www.nytimes.com/interactive/2022/12/21/us/politics/trump-tax-return-numbers.html) [![]()Trump Paid \$1.1 Million in Taxes During Presidency, but \$0 in 2020, Report Shows Dec. 21, 2022](https://www.nytimes.com/2022/12/21/us/politics/trump-taxes-income.html) [![]()Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance](https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html) [Jim Tankersley](https://www.nytimes.com/by/jim-tankersley) is a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of "The Riches of This Land: The Untold, True Story of America's Middle Class." [Susanne Craig](https://www.nytimes.com/by/susanne-craig) is an investigative reporter. She has been a Wall Street correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire. [Russ Buettner](https://www.nytimes.com/by/russ-buettner) is an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father. A version of this article appears in print on Dec. 31, 2022, Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses. [Order Reprints](https://nytimes.wrightsmedia.com/) \\| [Today’s Paper](https://www.nytimes.com/section/todayspaper) \\| [Subscribe](https://www.nytimes.com/subscriptions/Multiproduct/lp8HYKU.html?campaignId=48JQY) See more on: [Donald Trump](https://www.nytimes.com/spotlight/donald-trump), [Internal Revenue Service](https://www.nytimes.com/topic/organization/internal-revenue-service), [U.S. Politics](https://www.nytimes.com/section/politics) Read 1,672 comments - Share full article - 1\.7k * ## The Latest on the Trump Administration * - Weak Jobs Report: The president’s economic advisers [insist that any signs of strains are temporary](https://www.nytimes.com/2026/03/06/business/economy/trump-gas-prices.html), while [Democrats warned](https://www.nytimes.com/2026/03/06/business/economy/jobs-report-unemployment-democrats-republicans-midterms.html) that [an unexpectedly poor jobs report](https://www.nytimes.com/2026/03/06/business/economy/what-to-know-about-the-report.html) signaled that the economy could sink into a recession. - National Security Resources: Firings, resignations and diversions to the president’s priorities have left [elite counterterrorism and counterintelligence units stretched thin](https://www.nytimes.com/2026/03/06/us/politics/trump-iran-war-doj-dhs-firings.html), current and former officials say. There is widespread concern about the capacity of these units to deal with threats unleashed by Iran. - Conviction in Assassination Plot: A Pakistani man accused of plotting with the Iranian government to murder American politicians, including President Trump, [was convicted](https://www.nytimes.com/2026/03/06/nyregion/guilty-iran-trump-merchant-trial.html) of orchestrating a scheme that involved hiring hit men, stealing documents and assassinating high-ranking public officials. - Push for Charges Against Cuban Leaders: The U.S. attorney in South Florida has [ordered a broad-ranging inquiry](https://www.nytimes.com/2026/03/06/us/politics/justice-dept-cuba-investigation.html) into Cuba’s leaders and Communist Party officials for drug, immigration, economic and violent crimes with a goal of bringing fast indictments, according to three people with knowledge of his actions. - Architect of Trump’s Climate Rollbacks: Jeffrey B. Clark, who oversaw the dismantlement of government restrictions on greenhouse gas emissions and water and air pollution, [has left his position](https://www.nytimes.com/2026/03/06/us/politics/trump-administration-jeffrey-clark-exit.html) as the White House regulatory czar, according to three people familiar with the decision. - Pardon Industry’s Pathway to Trump: One inmate paid lobbyists and lawyers with ties to Trump’s team and walked free. Others are following his blueprint, [but it is not always clear who can deliver](https://www.nytimes.com/2026/03/06/us/politics/schwartz-trump-pardon-industry.html). Our reporters [combed through public records](https://www.nytimes.com/2026/03/06/us/politics/how-the-times-covers-pardons.html) and scrutinized social media to track down the connections. * How We Report on the Trump Administration** Hundreds of readers asked about our coverage of the president. 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Readable Markdown	Advertisement [SKIP ADVERTISEMENT](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns.html#after-top) The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets. ![Donald J. Trump during a campaign rally with American flags in the background.](https://static01.nyt.com/images/2022/12/23/multimedia/23dc-trumptaxes-1-3361/23dc-trumptaxes-1-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Former President Donald J. Trump’s full tax returns covering 2015 through 2020 provide a rare window into the complexity of his finances.Credit...Brittany Greeson for The New York Times Dec. 30, 2022 House Democrats released six years of former President Donald J. Trump’s [tax records](https://int.nyt.com/data/documenttools/trump-taxes-attachment-e/Attachment%20E%20Combined.pdf) on Friday, offering [new insight](https://www.nytimes.com/2022/12/30/us/politics/trump-tax-returns-takeaways.html) into his business dealings that further undermined his long-cultivated image as a wildly successful businessman. The release on Friday morning contained thousands of pages of tax documents, including individual returns for Mr. Trump and his wife, Melania, as well as business returns for several of the hundreds of companies that make up his sprawling business organization. It followed the release of reports from Democrats on the Ways and Means Committee that showed [Mr. Trump had paid a total of \$1.1 million in federal income taxes](https://www.nytimes.com/2022/12/21/us/politics/trump-taxes-income.html) in the first three years of his presidency, but paid no tax in 2020 as his income dwindled and losses mounted. The document disclosure drew rebukes and threats of retaliation from Mr. Trump and his Republican allies in Congress, who suggested that once their party takes over the House on Jan. 3, they may seek to disclose tax returns filed by Democratic politicians, Supreme Court justices and members of President Biden’s family, such as his son Hunter. The documents appeared to show that Mr. Trump violated his campaign promise to donate his salary as president, at least in 2020, when he reported no charitable giving of any kind. They also suggested Mr. Trump’s tax bill may have gone up because of a change in his signature 2017 tax overhaul: a limitation on the deduction of state and local taxes paid. In a statement on Friday, Mr. Trump denounced Democrats and said the decision to release the returns had been “weaponized.” “The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” he wrote. But the returns, which cover the tax years 2015 through 2020, do not show much success for Mr. Trump in his recent business dealings. They show Mr. Trump often reported heavy losses from his own ventures, even as he continued to cash in on assets he inherited. Mr. Trump’s history of inheriting wealth and then losing it was [chronicled by The New York Times in 2020](https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html), when it obtained decades of Mr. Trump’s tax information, including much of which was disclosed on Friday. In 2018, after a decade in which the former president declared no taxable income according to tax returns reviewed by The Times, Mr. Trump reported taxable income of more than \$24 million. He paid nearly \$1 million in federal taxes, nearly the entire total he paid as president. That income appeared to be the result of more than \$14 million in gains from the sale of an investment his father had made in the 1970s, a Brooklyn housing complex named Starrett City, which became part of Mr. Trump’s inheritance. Much of what the committee made public on Friday had also been revealed in a report with top line numbers that the committee released last week. But the thousands of pages of tax documents offered new insights into the president’s income and spending. The documents show, for example, that the effect of his inheritance in 2018 was greater than what [The Times previously reported](https://www.nytimes.com/2022/12/21/us/politics/trump-tax-returns-findings.html): Mr. Trump recorded \$25.7 million in gains from the sale of business properties that he and his siblings had inherited or taken through trusts, including the sale of Starrett City. The sales of business properties Mr. Trump created himself came at a loss, however, dragging down his net proceeds and somewhat reducing his tax liability, the tax itemization shows. They included a total of \$1 million in assets or equipment sold at a loss by two of his business entities, and another \$1 million loss for bailing his son Donald Trump Jr. out of a failed business to build prefabricated homes. Mr. Trump also received tens of thousands of dollars in dividends while he was in the White House from trusts that had been established for him when he was young, his tax returns show. Tax returns are among the most privately held documents in the United States. Although Congress has the power to obtain and release them, it rarely takes such action. After Mr. Trump broke with tradition and declined to release his returns as a presidential candidate or while he was in office, Democratic lawmakers sought them out of concern about potential conflicts of interest. Ultimately, they were able to unlock them using their oversight powers through the inquiry into the Internal Revenue Service’s policy of auditing presidents and vice presidents. The final release came after years of legal battles and speculation about Mr. Trump’s wealth and his financial entanglements. Democrats cast the disclosure as necessary oversight of a president who broke decades of precedent in declining to release his returns. “Trump acted as though he had something to hide, a pattern consistent with the recent conviction of his family business for criminal tax fraud,” Representative Donald S. Beyer Jr., Democrat of Virginia and a member of the Ways and Means Committee, said in a news release Friday. “As the public will now be able to see, Trump used questionable or poorly substantiated deductions and a number of other tax avoidance schemes as justification to pay little or no federal income tax in several of the years examined.” Image ![Representative Richard E. Neal speaking with other members of the panel while sitting on the dais.](https://static01.nyt.com/images/2022/12/23/multimedia/23dc-trumptaxes-2-3361/23dc-trumptaxes-2-3361-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Representative Richard E. Neal of Massachusetts, center, the Democratic chairman of the Ways and Means Committee, which released Mr. Trump’s tax returns.Credit...Haiyun Jiang/The New York Times But Republicans warned Democrats that they had set a dangerous precedent. The Republicans issued a [report of their own](https://gop-waysandmeans.house.gov/wp-content/uploads/2022/12/2022.12.20-Executive-Session-Dissenting-Views.pdf) on Friday that included detailed complaints about the process leading to the disclosure of the documents. “Going forward, all future chairs of both the House Ways and Means Committee and the Senate Finance Committee will have nearly unlimited power to target and make public the tax returns of private citizens, political enemies, business and labor leaders, or even the Supreme Court justices themselves,” Representative Kevin Brady of Texas, the top Republican on the Ways and Means Committee, said in a statement preceding the report. Mr. Trump also raised the threat of retaliation. “The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people,” he said in his Friday news release. “The great USA divide will now grow far worse. The Radical Left Democrats have weaponized everything, but remember, that is a dangerous two-way street!” As a presidential candidate in 2015, Mr. Trump said he would not take “even one dollar” of the \$400,000 salary that comes with the job. “I am totally giving up my salary if I become president,” he said. In his first three years in office, Mr. Trump said he donated his salary quarterly. But in 2020, as the pandemic recession swiftly descended during his last year in office, Mr. Trump reported heavy business losses, no federal tax liability and nothing in donations to charities. In the earlier years, White House officials made a point of highlighting which government agencies were receiving Mr. Trump’s salary, starting with the National Park Service in 2017. The tax documents released Friday show that Mr. Trump reported charitable donations totaling nearly \$1.9 million in 2017 and just over \$500,000 in both 2018 and 2019. The tax law Mr. Trump [signed in late 2017](https://www.nytimes.com/2017/12/22/us/politics/trump-tax-bill.html), which took effect the next year, appears to have yielded mixed results for him. Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners. But the law also included a limit on the so-called SALT deduction, which disproportionately hit higher earners, including Mr. Trump, in high-tax cities and states like New York. In 2019, Mr. Trump reported paying \$8.4 million in state and local taxes. Because of the SALT limits included in his tax law, he was able to deduct only \$10,000 of those taxes paid on his federal income tax return. Image ![A police vehicle parked in front of Trump Tower in New York.](https://static01.nyt.com/images/2022/12/30/multimedia/30dc-trumptaxes-3-1-c8d6/30dc-trumptaxes-3-1-c8d6-articleLarge.jpg?quality=75&auto=webp&disable=upscale) Mr. Trump’s tax returns reported heavy losses from his own ventures, even as he continued to cash in on assets he had inherited.Credit...Dakota Santiago for The New York Times Mr. Trump’s returns are complex, sprawling across thousands of pages. The documents show he has switched accountants to compile them. For years, Mr. Trump used the accounting firm Mazars USA to prepare his taxes and those of his businesses. Donald Bender had long been listed on the former president’s taxes as his accountant. [The firm formally cut ties with Mr. Trump and his businesses](https://www.nytimes.com/2022/02/14/nyregion/mazars-trump-organization-financial-statements.html) this year, saying it could no longer stand behind a decade of annual financial statements it had prepared for the Trump Organization. But it turns out Mazars and Mr. Trump had begun distancing themselves from each other as early as 2020. That year, BKM Sowan Horan, a Texas-based accounting firm, prepared Mr. Trump’s taxes, his returns show. The documents also raised new questions about the audits Mr. Trump has faced in and out of office. In their reports last week, Democrats on the Ways and Means Committee downplayed the effect that a long-unresolved audit, dating to 2009, had on audits during Mr. Trump’s presidency. A report by the nonpartisan Joint Committee on Taxation, which analyzes tax policy for Congress, noted that an audit of Mr. Trump’s 2015 return had stalled because of a “complexity of issues being contemporaneously worked for tax years 2009 through 2013.” The report does not divulge the substance of the 2009-2013 audit. But The Times’ investigation in 2020 reported that in those years Mr. Trump demanded and received an income tax refund totaling \$72.9 million — all the federal income tax he had paid on his first rush of cash from “The Apprentice,” his longtime television show, for 2005 through 2008, plus interest. The claimed refund appears to have been based on Mr. Trump’s abandonment of his stake in his casino businesses that year. It is known as a “quickie refund” because a taxpayer receives it immediately without questions asked, but it triggers an automatic audit. In Mr. Trump’s case, the audit had not been resolved by the time he took office. The committee reports released last week did not directly mention whether the unresolved issues from to 2009 through 2013 also had stalled later examinations under the mandatory presidential audit program. But the I.R.S. often does not launch or complete new audits when there are complicated unsolved disputes from prior years. Steven M. Rosenthal, who once worked as a staff member of the Joint Commission on Taxation, said the I.R.S. had likely decided new audits should not be launched until the older issues were resolved. “Big mistake, which is easy to criticize,” said Mr. Rosenthal, now a senior fellow at the nonpartisan Urban-Brookings Tax Policy Center. Alan Rappeport contributed reporting. [Jim Tankersley](https://www.nytimes.com/by/jim-tankersley) is a White House correspondent with a focus on economic policy. He has written for more than a decade in Washington about the decline of opportunity for American workers, and is the author of "The Riches of This Land: The Untold, True Story of America's Middle Class." [Susanne Craig](https://www.nytimes.com/by/susanne-craig) is an investigative reporter. She has been a Wall Street correspondent and bureau chief in Albany. She shared a Pulitzer Prize in 2019 for work that shattered Donald Trump’s myth that he is a self-made billionaire. [Russ Buettner](https://www.nytimes.com/by/russ-buettner) is an investigative reporter. Since 2016, his reporting has focused on the finances of Donald. J. Trump, including articles that revealed tax avoidance schemes evidenced on several decades of his tax returns. In 2019, he shared a Pulitzer Prize for work that revealed the vast inheritance Mr. Trump had received from his father. A version of this article appears in print on Dec. 31, 2022, Section A, Page 1 of the New York edition with the headline: 6 Years’ Worth Of Trump Taxes Show Big Losses. 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