O'Rourke may amend past tax returns due to under payment


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WASHINGTON (AP) — Democratic presidential candidate Beto O'Rourke says he'll amend "as appropriate" federal tax returns from 2013 and 2014, when he may have underpaid around $4,000 because of incorrectly deducted medical expenses.

O'Rourke late Monday released 10 years of returns filed by himself and his wife, Amy, through 2017. The ex-congressman promised to release 2018 returns as soon as they're filed.

The incorrectly reported deductions were first reported by The Wall Street Journal, which had a tax professional review O'Rourke's returns. The review spotted that O'Rourke deducted almost $16,000 worth of medical expenses when he should only have deducted 10 percent of income.

A campaign spokesman said Tuesday that "after becoming aware of this error, the accounting firm that prepared the filings was immediately informed and will file an amendment as appropriate."

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button