But a comparison of the income reported by Joe from his CelticCapri company on OGE reports versus what he told the IRS, shows a difference of almost $5.2million which remains unaccounted for.
No conclusive evidence has yet emerged that Joe profited from any of Hunter’s business deals.
But the potential discrepancy in the president’s financial filings, and his alleged links to Hunter’s Chinese ventures, raise troubling questions over where the unexplained $5,180,071 came from.
Joe’s OGE filing submitted in July 2019 shows around $8,699,787 of income for him and Jill from 2017 through May 2019. This includes $7,451,727 which he said came from CelticCapri Corp.
His OGE form submitted in May 2020 added another $907,160 that wasn’t paid until after their 2019 report, bringing the total for the period to $9,606,947, and the total for CelticCapri to $8,065,464.
Joe’s 2017 federal tax return shows $11million of adjusted gross income, almost $4.6million in 2018, and $985,233 in 2019. That’s a total of about $16.5million – some $6,990,032 more than what was listed on his OGE forms.
Joe’s tax returns detail income from CelticCapri of $9,636,690 in 2017, $3,030,667 in 2018 and $578,178 in 2019, making a total of $13,245,535.
This is $5,180,071 more than the CelticCapri earnings he reported on his OGE forms.