Trump asks for more time to file his taxes

[DonViejo]

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]

1. He tells the public he's a billionaire

And he tells the IRS he's broke. It takes time to write good fiction.

[CountAllVotes]

3. He's full of sh*t

Of course we know that already.

Full of sh*t living in his fraudulent sh*thole world.

GO tRump!

[lagomorph777]

7. 'Cause we are living in a shithole world

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]

26. ++ I like it

[tazkcmo]

32. Bravo

Bravo

[dixiegrrrrl]

25. He tells potential condo buyers it is his builidng

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]

2. He Probably Needs Extra Time Just To Hire An Accountant

Now that word's gotten out about what a deadbeat he is, he's finding it impossible to hire anybody....

[stillcool]

4. Trumpy Capone

[sandensea]

5. Whut? Having trouble finding a good Russian translator?

[yallerdawg]

6. He should go ahead and "Plead the Fifth."

We already know he'll be filing a self-incriminating document, anyway.

[TheDebbieDee]

30. But will Trump ever be able to plead the fifth as well as this guy?

?t=2

[CaptainTruth]

8. Trying to keep them out of Mueller's hands as long as possible.

[MadLinguist]

10. It has to be that. Though finding an accountant creative enough

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]

9. He needs more time because the rubles to dollars conversion is tricky math.

[Toorich]

11. If it looks like you'll owe....

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]

28. Yes, it is supposed to be.

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.

[Yupster]

31. Yup

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]

12. If the President doesn't divest himself of his business interests, do his tax returns

become public record?

After all, it's documentation relevant to his performance in office.

[LiberalLovinLug]

13. I'm sure the delay has nothing to do with Mueller's widening investigation

And maybe getting a warning from his accountant that he better tidy up a few things first.

[Orsino]

14. He needs time to settle on a primary residence.

Trump Tower, Mar-a-Lago, or Sing-Sing.

[KPN]

19. +1!

[left-of-center2012]

15. If he tells the IRS one thing, and Mueller finds other $$$ issues ...

Could be interesting.

[sprinkleeninow]

27. FoG.

Full of Gówno.

[KY_EnviroGuy]

16. Delay could be a tactic so they can't be released before mid-terms.

There's always a sinister motive with anything tRump - we can bet on it.

...... ..........

[KPN]

17. Of course he did. He's still working on

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]

18. Bill in Maryland: POTUS & VP candidates must release taxes if they want on the ballot.

https://www.npr.org/sections/thetwo-way/2018/03/06/591165165/md-senate-passes-bill-requiring-presidential-candidates-to-release-tax-returns

[FakeNoose]

20. That's why you have accountants and lawyers Cheeto

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]

21. I wouldn't trust Eric with the remote

let alone my businesses.

[DippyDem]

22. Dolt45 was too busy tweeting to do his taxes. n/t

[BigmanPigman]

23. Man, I had a fever for 9 straight days until Sunday

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]

24. On this I'll give him a pass

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.'

[greyl]

29. He's in The Red. nt