President Donald Trump said Saturday he is considering settling his $10 billion lawsuit against the IRS and donating the money to charity.
Trump filed a lawsuit Thursday accusing the agency of unlawfully leaking his confidential tax returns in a politically motivated violation of federal privacy laws.
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President Donald Trump speaks to members of the media aboard Air Force One as he travels from Washington DC to West Palm Beach, Florida on January 31, 2026. (SAUL LOEB/AFP via Getty Images/Getty Images)
Speaking to reporters Saturday aboard Air Force One, Trump said he is considering settling the case and donating the proceeds to “established and respected charities.”
“We’re thinking about doing something for charity, where I give money to charity,” he said. “We can make a substantial amount of it. Nobody cares because it goes to countless good causes.”
Trump added: “If I pay myself, it will never look good one way or another.”
“A lot of people on the outside said, ‘What a great idea,’ because no one cares if it goes to charity,” Trump said. “So you settle for giving a lot of money to charities and I think we’re going to do something like that. We want to do something like that.”
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President Donald Trump speaks to reporters aboard Air Force One on Saturday and says he is considering settling his $10 billion lawsuit against the IRS and donating the proceeds to charity. (Al Drago/Getty Images/Getty Images)
The president pointed to the American Cancer Society as a possible example of a recipient.
The lawsuit alleges that disclosures by the IRS were illegal and harmed millions by violating federal privacy laws.
The leak centers around a contractor, Charles Littlejohn, who pleaded guilty in October 2023 to a single felony count of unauthorized disclosure of tax return information and is serving a five-year prison sentence.
Littlejohn admitted to stealing Trump’s tax information and leaking it to The New York Times and separately disclosing confidential tax information about wealthy individuals to ProPublica.
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According to the lawsuit, Littlejohn testified during a 2024 deposition that the material he leaked included information about all of Trump’s business assets.
