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Beto O & R; Rourke, wife underpaid two years of taxes, records show



Democratic presidential candidate Beto O & # 39; Rourke and his wife Amy seem to have underpaid their taxes in 201

3 and 2014 by more than $ 4,000 in combination due to an error in the way They reported their healthcare costs, according to the tax return, released the couple Monday night.

They deducted these costs regardless of the limit that only allows the break for medical and dental expenses over 10% of the income of people who are their age. If they had not taken nearly $ 16,000 in medical deductions, their taxable income would have been higher. During these years it would probably have been the subject of the prices that they paid according to alternative minimum tax.

BETO ROURKE RANDERS ISRAELI LEADER NETANYAHU A & # 39; RACIST & # 39;

"Having become aware of this error, the draft applications were immediately informed and will present an amendment as appropriate," said an assistant to R & rkeke.

The tax year 2013 was the first to provide different income limits for health care deductions based on a taxpayer's age. If a tax collector did not enter the client's age, the tax system he or she used to allow the entire deduction instead of no deduction, said Tony Nitti, a CPA at RubinBrown LLP who said he made the same mistake during those years. Mr Nitti looked at the return at the request of The Wall Street Journal.

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During these years, R & Rke was a member of the Congress of Texas.

To read more from The Wall Street Journal, click here.


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