Skip to main content

View Diary: Romneyland explains announcement that Mitt 'retroactively retired' from Bain (95 comments)

Comment Preferences

  •  Remember: An estimate is NOT a tax return! (0+ / 0-)

    You can file an "estimate" showing that you made $100 and send it in with a payment of $14 of estimated tax, and later file a return showing that you made $1 million and owe no tax because you're sheltering it with losses -- without a penny of liability.

    It's never a problem to overpay your taxes, and if I were Rmoney I'd consider that a wise thing to do this year.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site