--- title: NYT: Jared Kushner Has Paid Almost No Income Tax in Years description: Jared Kushner paid almost no federal income taxes in several recent years despite a rising net worth, the New York Times reported Saturday. canonical: https://time.com/5424109/jared-kushner-taxes-new-york-times/ author: TIME article:opinion: false article:content_tier: free article:published_time: 2018-10-13T18:28:13.000Z article:modified_time: 2026-02-23T21:44:16.625Z article:section: Politics og:title: Jared Kushner Has Paid Almost No Federal Income Tax in Years: Report og:description: Reportedly, nothing in the documents indicate that Kushner or his company broke the law og:url: https://time.com/5424109/jared-kushner-taxes-new-york-times/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltc65311b14acac173/69893c9a929fad9296bf1d45/jared-kushner-donald-trump-taxes.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 3975 og:image:height: 2236 og:image:alt: jared-kushner-donald-trump-taxes. og:type: article twitter:card: summary_large_image twitter:title: Jared Kushner Has Paid Almost No Federal Income Tax in Years: Report twitter:description: Reportedly, nothing in the documents indicate that Kushner or his company broke the law twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltc65311b14acac173/69893c9a929fad9296bf1d45/jared-kushner-donald-trump-taxes.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Jared Kushner Has Paid Almost No Federal Income Tax in Years: Report > Sponsored content. 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In the Loop is TIME's AI newsletter, built on original reporting and access to the people building and governing AI. It publishes Tuesdays and Fridays and is free at time.com/newsletters. #### Who writes TIME's In the Loop? Harry Booth, a tech reporter at TIME, writes In the Loop. #### Is In the Loop free? Yes. In the Loop is free at time.com/newsletters. by [Ryan Beene / Bloomberg](https://time.com/author/bloomberg/) ## Ryan Beene / Bloomberg Contributor Oct 13, 2018 6:28 PM UTC  Senior Advisor to the President Jared Kushner (R) join U.S. President Donald Trump as he holds a press conference to discuss a revised U.S. trade agreement with Mexico and Canada in the Rose Garden of the White House on October 1, 2018 in Washington, DC. The New York Times reported that Kushner has not paid federal income taxes in years despite rising net worth. Senior Advisor to the President Jared Kushner (R) join U.S. President Donald Trump as he holds a press conference to discuss a revised U.S. trade agreement with Mexico and Canada in the Rose Garden of the White House on October 1, 2018 in Washington, DC. The New York Times reported that Kushner has not paid federal income taxes in years despite rising net worth. Chip Somodevilla—Getty Images by [Ryan Beene / Bloomberg](https://time.com/author/bloomberg/) ## Ryan Beene / Bloomberg Contributor Oct 13, 2018 6:28 PM UTC Jared Kushner, President Donald Trump’s son-in-law, paid almost no federal income taxes in several recent years despite a rising net worth and billions of dollars spent building his real estate empire, the New York Times reported Saturday. Citing “confidential financial records” it obtained, the Times reported that Kushner, 37, a senior White House adviser, for years minimized his tax bills by booking heavy losses on reported depreciation of his real estate holdings that overwhelmed his reported income. The Times noted that nothing in the documents indicate that Kushner or his company broke the law. In a 2015 example, Kushner booked $8.3 million in losses driven by “significant depreciation” of real estate owned by Kushner and his company. The loss offset Kushner’s income of $1.7 million in salary and investment gains, the Times reported, citing the documents. More than a dozen tax accountants and lawyers reviewed the records for the Times. One told the paper that the records indicated that Kushner paid little or no federal income taxes in five of the last eight years. The documents reviewed by the newspaper describe Kushner’s business dealings and finances from 2009 to 2016, according to the paper. They were drafted with Kushner’s participation as part of a review of his finances by a prospective lender and contain information from his federal tax filings in addition to other data provided by advisers, according to the report. The records were given to the paper by “a person who has had financial dealings with Kushner and his family,” it said. Peter Mirijanian, a spokesman for Abbe Lowell, Kushner’s lawyer, said in an email that he couldn’t respond to assumptions taken from incomplete documents. He said, without offering proof, that the documents were obtained in violation of the law and business confidentiality agreements. “However, always following the advice of numerous attorneys and accountants, Mr. Kushner properly filed and paid all taxes due under the law and regulations,” Mirijanian said in the statement. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/5424109/jared-kushner-taxes-new-york-times/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/5424109/jared-kushner-taxes-new-york-times/"},"headline":"Jared Kushner Has Paid Almost No Federal Income Tax in Years: Report","datePublished":"2018-10-13T18:28:13.000Z","dateModified":"2026-02-23T21:44:16.625Z","description":"Reportedly, nothing in the documents indicate that Kushner or his company broke the law","url":"https://time.com/5424109/jared-kushner-taxes-new-york-times/","keywords":["jared kushner","U.S.","Bloomberg"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc65311b14acac173/69893c9a929fad9296bf1d45/jared-kushner-donald-trump-taxes.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Ryan Beene / Bloomberg"}],"articleSection":"Politics","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltc65311b14acac173/69893c9a929fad9296bf1d45/jared-kushner-donald-trump-taxes.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"jared-kushner-donald-trump-taxes.","caption":"President Trump Holds News Conference To Discuss New US-Mexico-Canada Trade Deal","creditText":"Chip Somodevilla—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/politics/","name":"Politics"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/jared-kushner/","name":"jared kushner"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/5424109/jared-kushner-taxes-new-york-times/","name":"Jared Kushner Has Paid Almost No Federal Income Tax in Years: Report"}}]}] ```