As a CPA I think that this tax return is a fake.
It is hand typed and not printed by a tax software program.
I am very surprised that Trump would have schedule C income as he would use various corporations and partnerships for liability protection. These are most likely LLC’s filed as sole proprietorships.
The other income loss is most likely a NOL (Net Operating Loss) carryover. Since it is on this 1040 is would be a carryforward from prior years and not a carryback.
Odd that their is an alimony received note and no alimony paid. People like Trump use alimony paid as a tool for shifting taxable income to ex’s.
Trump is not properly planning his “alternative minimum taxes.” Of the $38 mil in taxes, $31 mil is alt min.
While General Business credit form 3800 is attached, there is no dollar amount. General business credits can’t offset AMT but they can offset regular tax which Trump has $5.3 mil. GBC’s carry forward up to 20 yrs.