This image from Republican presidential candidate Donald Trump's campaign shows Trump signing his tax return. (Trump Presidential Campaign via AP)
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Donald Trump told the AP this week "there's nothing to learn" from all those income tax returns he won't release until an ongoing audit wraps up.Some information that may be embedded in Trump's tax returns:Tax returns could help determine whether Trump has been overstating – or understating – his income. On a press release with his financial disclosure form released last year, for example, Trump put his 2014 income at $362 million, excluding certain items like interest and dividends. Depending on how it's reported, a significantly smaller income figure on Trump's Form 1040 than on his financial disclosure could be a fresh sign that his personal fortune, too, is less than the "more than $10 billion by any stretch of the imagination" that he's claimed.According to documents unearthed by Johnston, Trump in 1977 made $118,530 and paid $42,386 in taxes; in 1978 he reported negative income of $406,379 and paid nothing, and in 1979 reported negative income of $3.4 million and again paid no taxes.Trump has said he's donated $102 million over the past five years, but a partial list of donations that his campaign provided appeared to correspond to gifts from the foundation – not necessarily from Trump's own pocket.Trump's tax returns could help show whether the description fits.
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