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Yo_Mama_Been_Loggin

(136,478 posts)
Wed Oct 17, 2018, 11:16 PM Oct 2018

Trump submits 2017 federal income tax returns [View all]

Trump and first lady Melania Trump submitted their 2017 federal income tax returns months after the president asked the Internal Revenue Service for an extension, CBS News reported Wednesday.

White House press secretary Sarah Huckabee Sanders confirmed in a statement to the outlet that "the President and First Lady filed their taxes on time and as always they are automatically under audit, which the President thinks is extremely unfair.”

CBS noted that the IRS automatically audits tax returns filed by each president, though an audit does not prevent the president from voluntarily releasing his or her tax returns. Every president has filed his returns in some form since Richard Nixon.

Trump has drawn immense criticism since the campaign trail for his refusal to release his tax returns publicly. The president has repeatedly claimed his taxes were under audit and therefore could not be made public, though many, including the IRS, have pointed out that he could still voluntarily request his taxes be released.

Earlier this month, a bombshell New York Times report found that Trump engaged in "dubious" tax practices before taking office. The Times reported that Trump engaged in “dubious” tax practices that allowed him to accrue millions of dollars in additional wealth from his father's real estate empire in the 1990s.

https://thehill.com/homenews/administration/411977-trump-submits-2017-federal-income-tax-returns

I've filed for extenssion before but I never waited six months before finally submitting my return.

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