News That Matters

Tag: Warren’s

3 big tax planning takeaways from Sen. Elizabeth Warren’s 2018 return

3 big tax planning takeaways from Sen. Elizabeth Warren’s 2018 return

Finance
Say what you will about presidential hopeful Sen. Elizabeth Warren, D-Mass., but it looks like she's getting some good tax advice. Warren released her 2018 tax return Wednesday. She filed jointly with her husband Bruce H. Mann, a professor at Harvard Law School. The two reported total income of $ 905,742 and paid total taxes of $ 230,965, according to the return. The couple didn't get a refund. Rather, they owed the IRS $ 24,477 in taxes. They weren't on the hook for underpayment penalties. "...