Mitt Romney has reversed plans to delay releasing his tax returns, announcing today that he will release 2010 tax returns on Tuesday. “We made a mistake in holding off as long as we did,” Romney told Chris Wallace during an appearance on “Fox News Sunday.”

The former Massachusetts governor defended his previous tactical plan to release his taxes in April if he became the nominee, acknowledging that the issue has become a distraction and may have contributed to his loss to Newt Gingrich in the South Carolina primary on Saturday.

“We’ll be putting our returns on the Internet. People can look through them,” he said, adding that his release will include an estimate of the taxes that he will pay in April for 2011.