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WCGreen

(45,558 posts)

36. Many of the investments that Romney may have invested in have deadlines the same

Reply to Amerigo Vespucci (Original post)

Sun Apr 15, 2012, 12:08 AM

Apr 2012

day as the Individual 1040's,

Corporation, all forms, are due on March 15th.

But partnerships, trusts and information carried on Limited Liability Entities all don't have to be filed until the 15th of April, same as the individual.

I have clients that have diverse investments who have either do a non completed tax return and then add the returns that come in after the April 15th deadline.

So having a complicated investment portfolio would almost have to file an extension in order to file a clean return.

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Mitt Romney files for extension on 2011 taxes [View all] Amerigo Vespucci Apr 2012 OP

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