2017 and 2018 Tax Years44 For 2017 and 2018, Mr. Trump and Melania Trump filed a joint income tax return. The 2017 and 2018 Form 1040s showed the following notable items: Wages Taxable interest Ordinary dividends Business income (loss) – Schedule C45 Capital gain (loss) Other gains (losses) – Form 4797 Taxable pensions Rental real estate, royalties, partnerships, S corporations, etc. – Schedule E Other income Total income Deductible part of self-employment tax Adjusted gross income Itemized deductions – Schedule A Personal exemptions Taxable income Tax Alternative minimum tax Foreign tax credits – Form 1116 Other credits – Form 3800 Total credits Net tax Self-employment tax Household employment taxes Other taxes Total tax Federal income tax withheld 2017 estimated tax payments and amount applied from 2016 return Amount paid with request for extension to file Excess social security tax withheld $0 $7,435,107 $97,455 $388,441 $4,200,000 $83 46 2017 $373,629 $6,758,494 $21,984 16 $1,433,030 $7,528,298 $33,740 $84,351 ($16,746,815) ($12,306,111) ($12,819,400) $97,548 ($12,916,948) $10,237,921 $12,150 SO $0 $7,435,857 $7,435,107 $750 $195,095 $27,213 $61,660 $284,718 $1,264,257 $7,092,509 $87,310 $4,431,776 |$7,500,000 $63 2018 $393,957 $9,435,377 $60,254 ($430,408) $22,015,123 SO $86,532 ($11,992,220) $4,826,478 $24,395,093 $55,397 $24,339,696 $1,388,307 $046 $22,951,389 $5,287,122 $4,069,110 44 The IRS audit files included 2017 and 2018 in the same audit cycle, so we are presenting information for both years together for consistency with the related audit files. $8,356,766 $999,466 $110,793 $7,475 $951,088 $2,068,822 45 For 2017, four Schedule Cs were included with the Form 1040. For 2018, five Schedule Cs were included with the Form 1040. Personal exemptions are suspended for 2018 through 2025. See sec. 151(d)(5).
