Year Adjusted Gross Income Tax based onincome and A.M.T.
Tax credits Final tax billafter credits 2020 –$4,795,757 $0 $0 $0 2019 4,380,714 558,780 –425,335 133,445 2018 24,339,696 9,356,232 –8,356,766 999,466 2017 –12,916,948 7,435,857 –7,435,107 750 2016 –32,409,674 2,234,725 –2,233,975 750 2015 –31,756,435 2,127,670 –1,485,739 641,931 Tax credits include foreign tax credits, the General Business Credit and other credits.
Mr. Trump’s tax bills, after deductions, were based on his income when it was above zero, as well as the alternative minimum tax in four of the six years.
He reduced his resulting tax bills with a mix of tax credits that included incentives and givebacks to business owners.
Mr. Trump’s income, by source