Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Neue Regel

(221 posts)
13. Filing for an extension is really common, especially with non-wage earners
Fri Apr 13, 2012, 05:18 PM
Apr 2012

I wouldn't read too much into it. All you have to do is mail the IRS one simple form with your name and address and you automatically get a 6 month extension, making the tax return and any required payment due on October 15 instead of April 15. It will be interesting to see when he actually files his taxes though. It would seem less advantageous to him to have his tax returns released 3 weeks before the election, bringing them front and center just before people begin voting. I'm guessing he files his return and releases a copy around a holiday in the hope that more people aren't paying attention, say around Memorial Day or 4th of July.

Recommendations

0 members have recommended this reply (displayed in chronological order):

His tax attorneys have had a lot of time to get it together. madaboutharry Apr 2012 #1
But Mitt's a regular guy. I'll bet he just doesn't have the time to stand in line PA Democrat Apr 2012 #16
Right. It shows how incompetent he is. n/t deacon Apr 2012 #29
I'm not a fan of the guy but this is a non-issue until the October deadline passes. Extensions are Dollface Apr 2012 #42
There's only one way to interpret this sadbear Apr 2012 #2
Don't expect it to be released before the election. alphafemale Apr 2012 #4
I'd be willing to be it will be released before the election. onenote Apr 2012 #11
The Summer Olympics... davidpdx Apr 2012 #35
I agree - he'll either bury it over Labor Day weekend TBF Apr 2012 #39
I expect that it will - and it will show nothing that we don't already no - this is a trap karynnj Apr 2012 #40
I think this tells us something about what kind of president he'd be Bruce Wayne Apr 2012 #3
WTF is this? With his money, he could hire all of H&R Block to do his taxes. stevenleser Apr 2012 #5
And announces it on Friday afternoon. Skinner Apr 2012 #6
Yep, MSNBC just brought that up Amerigo Vespucci Apr 2012 #7
He is most definitely hiding something... tallahasseedem Apr 2012 #9
Just when everybody's attention is focused on... pinboy3niner Apr 2012 #24
This is good Politicalboi Apr 2012 #8
Maybe Rachel chould have a little counter in the corner of the screen madaboutharry Apr 2012 #10
When is he going to produce his returns for PREVIOUS years????? aint_no_life_nowhere Apr 2012 #12
Filing for an extension is really common, especially with non-wage earners Neue Regel Apr 2012 #13
I agree ctaylors6 Apr 2012 #17
Correct. He also used the automatic extension last year. onenote Apr 2012 #19
This is not a good move for a guy who... Amerigo Vespucci Apr 2012 #18
the in-process return (104 pages) for 2011 is on his website ctaylors6 Apr 2012 #20
Perception Is Reality... KharmaTrain Apr 2012 #30
So busy trying to cover his tracks Rosa Luxemburg Apr 2012 #14
This message was self-deleted by its author Cali_Democrat Apr 2012 #15
Rich means not knowing sulphurdunn Apr 2012 #21
Presumably, he owes $$$ to the IRS. chollybocker Apr 2012 #22
If he can't file his taxes on time, how will he handle the nation's finances? ecstatic Apr 2012 #23
The Obamas released their 2011 tax returns today. chollybocker Apr 2012 #25
Especially Getting A Budget To Congress DallasNE Apr 2012 #26
It just delays the Bigger Question that ... 66 dmhlt Apr 2012 #27
And then there is the Other Question Mopar151 Apr 2012 #28
He didn't foresee the 99% uprising ecstatic Apr 2012 #31
It takes time to pay less than 15%.... Evasporque Apr 2012 #32
$22 million despite not working a single day. Doctor_J Apr 2012 #33
Mitt has six houses to deduct James48 Apr 2012 #34
Many of the investments that Romney may have invested in have deadlines the same WCGreen Apr 2012 #36
Shameful RayStar Apr 2012 #37
Buying time Elliemama Apr 2012 #38
There's alot of legitimate reasons to file for extensions... I've filed them in the past. OneTenthofOnePercent Apr 2012 #41
RMoney files a six month extension on taxes!!!?! LOFL!! uponit7771 Apr 2012 #43
Latest Discussions»General Discussion»Mitt Romney files for ext...»Reply #13