In 2019, Hunter Biden took approximately $39,820 from his daughter Maisy’s 529 college savings plan, yet did not declare it as income on his tax returns. Although the IRS suggested felony charges for over $52,611 in unreported income, federal prosecutors opted to pursue only misdemeanor charges concerning $22,860 in unpaid taxes.
IRS agents Gary Shapley and Joseph Ziegler provided testimony indicating that the Department of Justice obstructed certain aspects of their investigation, which included attempts to explore possible connections to President Joe Biden. Additionally, they asserted that Hunter did not pay taxes on more than $2.2 million of the $8.3 million he received from international transactions in China, Russia, and Ukraine.
Emails obtained from Hunter’s laptop indicated that he solicited a transfer of $20,000 from Maisy’s fund to his account after his balance fell to 44 cents. He subsequently admitted to the withdrawal, assuring that he would pay for tuition when necessary.
The circumstances have generated apprehensions regarding prosecutorial choices and possible conflicts of interest, leading to demands for increased examination.
