Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.

Support the Forward

Funded by readers like you DonateSubscribe
Fast Forward

Jared Kushner Went Years Without Paying Taxes: Report

Despite his abundant wealth, President Trump’s son-in-law and White House senior adviser Jared Kushner has avoided paying federal income taxes for several years, the New York Times reported Saturday.

The Times reviewed a 40-page document that detailed his business dealings from 2009 to 2016, created for a company that was considering lending him money. It included information from his tax filings and data from his advisers.

Kushner, who ran a profitable real estate company and net worth of almost $324 million, didn’t actually break any laws, the Times reported. He took advantage of a tax-minimizing practice that commonly benefits real estate investors: Because of depreciation, a portion of the cost of the buildings can be deducted from taxable income. Business Insider chalks it up to “creative accounting.”

A spokesman for his lawyer told the Times that Kushner “paid all taxes due.”

The summaries don’t show how much he paid, the Times found, but they disclosed how much he owed for “income taxes payable” and “prepaid taxes” — which, for the given years, was listed as zero.

In a separate article, the Times broke down exactly how Kushner is able to get around paying taxes.

Alyssa Fisher is a news writer at the Forward. Email her at [email protected], or follow her on Twitter at @alyssalfisher

Engage

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.