Celebrities

Caitlyn Jenner released tax returns to run for governor and they show her income has plummeted in past 5 years

<p>Caitlyn Jenner, Republican candidate for California governor, speaks during a news conference on Friday, July 9, 2021</p>

Caitlyn Jenner, Republican candidate for California governor, speaks during a news conference on Friday, July 9, 2021

AP

Caitlyn Jenner’s tax returns have revealed her earnings have taken a quite the nose dive since 2016.

It appears Jenner isn’t making as much money as many would expect from the Keeping Up with the Kardashians alum, according to her tax returns from 2016-2019.

As a Republican candidate for California’s upcoming recall election of Gov. Gavin Newsom, Jenner along with the rest of the 41 candidates running were required release their tax returns from the past five years.

However, due to not yet filing their 2020 tax returns, some candidates - including Jenner- only published four years worth, AP reported.

Records published last Friday show that her income has fallen to a fifth of what she earned six years ago. In 2019, the former Olympian earned around $550,000, according to her tax returns.

Most of this income from the US came from California-registered business called Team Tours Inc., - a payroll business - and her company, Cait’s World, a foreign stock firm.

It remains unclear what work Caitlyn did for the two companies.

Though, this is just a fraction of what Jenner earned compared to 2016, when the total income she made that year was approximately $2.5 million. This was also the year the second season of her reality show “I am Cait.”

As well as her US earnings, Jenner also earned an income and paid taxes internationally too.

In Australia, she filed $320,000 in gross income in 2019, where she also appeared on the British show “I’m a Celebrity ... Get Me Out of Here,” in the same year which was set in Australia.

She is back in Australia at the moment to star in the country’s version of “Celebrity Big Brother.”

The tax filings requirements originate from a law that was put in place in 2019 to force Trump to disclose his taxes during the 2020 presidential election.

Despite a court striking off the requirement for presidential candidates, it remains in place for gubernatorial candidates and is the first time the law in being enforced.

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