Errors on Tax Returns Cost Clintons $3,400
President Clinton and First Lady Hillary Rodham Clinton made three mistakes on their tax returns concerning Whitewater and recently paid $3,400 in taxes and penalties, the White House said Friday.
Tax experts commissioned by the Clintons found two incorrect interest deductions and a failure in one instance to declare a capital gain. The experts said the fragmentary record made it impossible to determine whether the Clintons made additional errors.
The review of the Clintons’ taxes was prompted by House Banking Committee Chairman Jim Leach (R-Iowa).
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