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Beto O'Rourke, wife who has not paid taxes for two years, shows records



Democratic presidential candidate Beto O & Rourke and his wife Amy seem to under-pay their taxes for 201

3 and 2014 for more than $ 4,000 due to a mistake They reported their medical expenses according to the couple's tax returns, which were released on Monday night.

They made deductions for these costs regardless of the limit, which allowed this interruption only for medical and dental costs of more than 10% of the income for persons of their age. Had they not taken the nearly $ 16,000 in medical deductions, their taxable income would have been higher. In those years it would probably have been subject to the rates they paid under the alternative minimum tax.

BETO OUR ROKE calls ISRAELI LEADER NETANYAHU A & # 39; RACIST & # 39;

to "After the accounting firm became aware of this error The prepared documents were promptly informed and will submit an amendment, if necessary," said an employee of O & Rourke.

The tax year 2013 was the first to set different income limits for the deduction of medical expenses, based on the age of the taxpayer. If a tax accountant has not entered the customer's age, the tax software he or she has used will allow for the full deduction instead of the deduction, said Tony Nitti, a CPA at RubinBrown LLP, who said he had the same mistake in those years committed. Mr. Nitti looked at the returns at the request of the Wall Street Journal.

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During these years Mr. O Rourke was a member of the Texas Congress.

To learn more about the Wall Street Journal, click here.


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