Trump asks for more time to file his taxes
Source: The Hill
BY LUIS SANCHEZ - 04/17/18 01:39 PM EDT
President Trump asked the Internal Revenue Service (IRS) for an extension on his 2017 tax return, the White House announced on Tuesday.
The President filed an extension for his 2017 tax return, as do many Americans with complex returns, White House press secretary Sarah Huckabee Sanders said on Tuesday. He will file his tax return by the extension deadline of October 15, 2018.
Trump broke a long-standing precedent during the 2016 presidential election by refusing to release his tax returns. He refused to release his tax returns after his inauguration as well.
Trump has claimed he cannot release his tax returns because he is under audit, but the IRS has said an audit does not prevent a person from releasing personal tax information.
Read more: http://thehill.com/homenews/administration/383553-trump-asks-for-more-time-to-file-his-taxes
tazkcmo
(7,306 posts)And he tells the IRS he's broke. It takes time to write good fiction.
CountAllVotes
(20,882 posts)Of course we know that already.
Full of sh*t living in his fraudulent sh*thole world.
GO tRump!
lagomorph777
(30,613 posts)and he's a real shithole turd
You know that we are living in a shithole world
and he's a real shithole turd
They can beg and they can plead
But they can't see the light (that's right)
'Cause the boy with the cold hard cash
Is always Mister Right
lunasun
(21,646 posts)tazkcmo
(7,306 posts)Bravo
dixiegrrrrl
(60,010 posts)but when he is being foreclosed on, he tells them he only licenses his name, they have to elsewhere to get their money back.
smb
(3,478 posts)Now that word's gotten out about what a deadbeat he is, he's finding it impossible to hire anybody....
stillcool
(32,626 posts)sandensea
(21,713 posts)yallerdawg
(16,104 posts)We already know he'll be filing a self-incriminating document, anyway.
TheDebbieDee
(11,119 posts)CaptainTruth
(6,616 posts)MadLinguist
(792 posts)to camouflage the boatloads of incriminating crap may be even more challenging than finding a lawyer willing to represent the buffoon in chief. Far as I know, there is no accountant-client privilege and fraudulent filings can incriminate both.
TeamPooka
(24,292 posts)Toorich
(391 posts)isn't the request for extension to be accompanied with a check? Was Sarah asked about that? Seems like the last 5-10 Presidents all released their returns showing they paid a few thousand in taxes from their federal salary after charitable deductions.
PoindexterOglethorpe
(25,927 posts)I know that from experience. Whoever is doing the taxes (and we used an accountant) can make a rough estimate about what you'll owe.
We were always a bit lax about getting all our paperwork gathered up in a timely fashion.
In recent years my taxes are much simpler, although I still use an accountant and it is money very well spent.
I sent my check in with my extension request yesterday.
On edit, you're supposed to send in a check if you think you'll owe money. If you think you'll get money back you don't need to send a check.
meadowlander
(4,413 posts)become public record?
After all, it's documentation relevant to his performance in office.
LiberalLovinLug
(14,179 posts)And maybe getting a warning from his accountant that he better tidy up a few things first.
Orsino
(37,428 posts)Trump Tower, Mar-a-Lago, or Sing-Sing.
left-of-center2012
(34,195 posts)Could be interesting.
sprinkleeninow
(20,268 posts)Full of Gówno.
KY_EnviroGuy
(14,500 posts)There's always a sinister motive with anything tRump - we can bet on it.
...... ..........
KPN
(15,677 posts)covering up his tracks, I.e., all the illegal deals, criminal and treasonous profits, and taxes legitimately owed but not paid.
Not to mention WTF?! Didn't he turn over his businesses to his sons and direct all earnings go to a Trust Fund, volunteer to donate or not accept his salary as President? In which case his income is ZERO? He needs an extension to compute that?
JaneQPublic
(7,113 posts)FakeNoose
(32,884 posts)You want us to believe you do your own taxes? No way Dude!
Your kids are supposed to be running your companies anyway. Why aren't they doing their jobs?
Yavin4
(35,454 posts)let alone my businesses.
DippyDem
(659 posts)BigmanPigman
(51,651 posts)and had to do my own without help or excuses. The whole time I was miserable and kept thinking how I was supposed to have gone to the Tax March on Sunday to oppose the Tax Scam and demand the release of HIS taxes! I know Mueller has had them for a while though so that is some solace.
jmowreader
(50,589 posts)Trump's tax returns are very complex...and Barron is having a hard time with them.
"Dad, we've got Mafia protection payments and hush money to report. What line do they go on?"
'Schedule C, line 15.'
"How about this $32 million from the KGB?"
'We don't list that. It's our little secret.'
"Six abortions for your mistresses. Where do we list those?"
'Healthcare expenses. Schedule A.'
"Can we deduct Big Macs?"
'Yes. Unreimbursed employee expenses.'
"Are you sure?"
'Look, kid. No one paid me to eat all those hamburgers, so they're unreimbursed. They cost money so they're an expense.'