Lt. Governor David Dewhurst, candidate for Republican nomination for the U.S. Senate, released his 2009 and 2010 tax returns in full today, along with an estimate of his 2011 income and charitable contributions.
For 2009, Dewhurst and his wife, Patricia, showed an Adjusted Gross Income loss of $1,485,642, along with a tax payment of $281,188. The Dewhursts made charitable contributions of $933,884 during the year.
For 2010, the Dewhursts filed an AGI of $1,010,218, and paid taxes of $443,646. They made charitable contributions of $1,197,000 during the year.
For 2011, tax returns will not be filed until later in the year. Accountants estimate the Dewhurst AGI for 2011 at just over $5 million. The Dewhursts made charitable contributions during 2011 of $1.9 million.