Tax summaries show Pritzkers made $5 million last year – not including family trusts
Campaign releases 7 pages, says trusts separately paid $85 million in taxes last year
Gov. JB Pritzker is pictured in his Capitol office in 2019 during a news conference promoting the graduated income tax, which voters rejected last year. His campaign released his 2020 income taxes Friday. Capitol News Illinois file photo
last year – not including family trusts
Capitol News Illinois
jnowicki@capitolnewsillinois.com
SPRINGFIELD – Gov. JB Pritzker’s campaign released summary documents of his 2020 tax returns Friday, which showed the first family reporting $5.14 million in adjusted gross income, all from taxable interest and dividends.
from trusts benefitting Illinois’ first family, stating in an email only the amount the trusts paid in taxes.
and $69.6 million in federal taxes,” the campaign said in an email.
campaign did not release the Schedule A form outlining the breakdown of those deductions.
did not give a reason why. The spokesperson said the summaries are what the governor has always released since he launched his first term candidacy.
Forbes estimates Pritzker, who is heir to the Hyatt hotel fortune, to have a net worth of $3.6 billion.
In 2019, the Pritzkers reported $2.57 million in total income and $1.42 million in taxable income federally. In 2018, the family
reported more than $6 million in adjusted gross income and $5.5 million in federal taxable income.
Capitol News Illinois is a nonprofit, nonpartisan news service covering state government and distributed to more than 400
newspapers statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.
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