Rubio's Partial 2012 Tax Return Left Question: When Did He Pay?
- Form indicates estimated payments, penalty shows otherwise
- Interest and penalty charges exceeded $23,000 since 2008
Republican presidential candidate Marco Rubio speaks on Feb. 29, 2016, in Conway, Arkansas.
Photographer: MICHAEL B. THOMAS/AFP/Getty ImagesThis article is for subscribers only.
Florida Senator Marco Rubio notched a personal best for earnings in 2012 as he and his wife, Jeanette, recorded almost $930,000 in taxable income -- helped by $800,000 that a publisher paid for his best-selling autobiography.
The Rubios set another personal record that year; they incurred more than $11,000 in penalties and interest charges from the Internal Revenue Service, mostly because they paid no taxes on Marco Rubio’s publishing earnings until Oct. 15, 2013, according to documents that Rubio’s presidential campaign provided to Bloomberg News.