Toddsterpatriot
Diamond Member
NYT via wiki.........
Tax returns of Donald Trump - Wikipedia
View attachment 1079697
Wikipedia
https://en.wikipedia.org › wiki › Tax_returns_of_Donal...
In 2017, Trump's pre-credit tax liability was $7,435,857. All but $750 of this amount was negated by carried-over tax credits, of which he had $22.7 million at the time. It is unclear why Trump chose not to completely cancel out his federal income tax liability.
In 2017, Trump's pre-credit tax liability was $7,435,857.
I didn't ask what his tax liability was, I asked what his taxable income was.
P.S. if you have a tax credit, that reduces your tax owed. In case you were confused.