In keeping with a promise he made during Thursday night’s debate, Bernie Sanders released his full 2014 tax return on Friday. It was a busy day for the Sanders family, as they had also traveled to the Vatican where Sanders talked about how to create a moral economy. Where can you go to see Sanders’ tax return?
Here’s what you need to know.
You can download a full PDF of Sanders’ tax return for 2014 at his website right here.
The tax return shows his salary and an itemized list of deductions and income. We’re providing a few screenshots to help you decipher the return. It’s relatively straightforward, since Sanders has a lower income when compared to other candidates like Hillary Clinton. True to form, as Sanders warned, the tax return is “boring.” Additional returns will be released soon.
For example, here you can see his income was $156,441 in wages, plus $39,281 in Social Security benefits and $4,982 in pensions. They also had business income of $4,900.
The 1040 summary of the tax return had already been released, quite a while ago. People were wanting to see all the schedules and itemized deductions, which are on this one.
Among the deductions on his 2014 return were:
- $22,946 on home mortgage interest
- $14,843 on real estate taxes
- $9,666 on state and local income taxes
- $8,000 in gifts to charity
- $350 in gifts to charity other than by cash or check
- $4,473 in unreimbursed job expenses, which according to tax law can include fees such as union dues and travel
Jane Sanders, his wife, also brought in an additional income of $4,900. As you can see in the screenshot below from the tax return, they did not claim any expenses from her business:
Some people are confusing the 2014 tax return, thinking he will be releasing his 2015 tax return. In fact, the 2015 tax returns aren’t even due until April 18. We don’t know if his wife Jane has finished those yet, but the returns promised during the debate were for 2014.
For more information about his tax returns and his debate with Hillary Clinton that started the conversation, please read this story:
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