Chicago Sun-Times
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Newt releases personal and foundation tax returns during South Carolina debate

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CHARLESTON, SC--GOP White House hopeful Newt Gingrich turned up the heat on Mitt Romney during the debate Thursday night when his campaign release his tax return while the four rivals were standing at their podiums. The release was designed to pound Romney's refusal to release his taxes until April--after most of the early primaries are over.

Below, from Gingrich campaign...

Atlanta, GA - Today, Newt and Callista Gingrich released their 2010 federal income tax return, which they filed jointly with the Internal Revenue Service.

The income tax return shows that for 2010, Speaker and Mrs. Gingrich owed federal taxes of $994,708 on an adjusted gross income of $3,142,066. $613,517 of the tax amount owed had been previously withheld or otherwise paid, and the couple paid the remaining balance due of $382,734 (which included an estimated $1,543 tax penalty) with their filing.

Included in the wage and salary income reported on Speaker and Mrs. Gingrich's tax return is $450,245 in combined wages; $41,625 in income from speaking and board of directors fees; $6,853 in rental income from real estate holdings; $11,892 in ordinary dividends; $5,990 in qualified dividends; and $2,525,683 in income from partnerships and S corporations, including the Lubbers Agency Inc. and Gingrich Holdings, Inc.

For the year 2010, the Speaker and Mrs. Gingrich reported $4,184 in net short-term capital gains and $32,541 in net long-term capital losses. Over the course of the year, the couple also contributed $81,133 to various charities, including the Basilica of the National Shrine of the Immaculate Conception.

Link to Gingrich personal income tax return in HERE

Link to Gingrich foundation tax return in HERE

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on January 19, 2012 7:43 PM.

Newt rips media after being asked about ex-wife open marriage claim was the previous entry in this blog.

Newt dominates South Carolina CNN debate; deflects "open marriage" charge is the next entry in this blog.

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