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+--- Thread: Did Romney pay NO federal taxes in 2009? (/showthread.php?tid=138946)
Re: Did Romney pay NO federal taxes in 2009? - DCrunch - 07-18-2012
Perhaps Romney is waiting for Obama to release his real birth certificate before he releases anymore tax returns. You are pole vaulting over piss- ants.
Re: Did Romney pay NO federal taxes in 2009? - Avenger - 07-18-2012
Romney can make 50 million or lose 50 million. Either way you won't see a dime. So keep your head down and work.
Re: Did Romney pay NO federal taxes in 2009? - Avenger - 07-18-2012
>>Not even close. What forms do you use for your carried interest? Losses carried forward? Offshore accounts?<<
Done plenty of that. Lost a lot in the real estate crash too. You can't claim all your losses in one year. You have the option of carry forward or back etc. etc. And what do you mean what forms do I use? I don't get to design my own forms. Whatever IRS tells me to. So does Romney. There are no secrets. Read on.
NOL Steps
How To Figure an NOL
Nonbusiness deductions (line 6).
Nonbusiness income (line 7).
Nonbusiness capital losses.
Business capital losses.
Illustrated Form 1045, Schedule A
When To Use an NOL
Exceptions to 2-Year Carryback Rule
Waiving the Carryback Period
How To Carry an NOL Back or Forward
How To Claim an NOL Deduction
Deducting a Carryback
Deducting a Carryforward
Change in Marital Status
Change in Filing Status
Illustrated Form 1045
How To Figure an NOL Carryover
Illustrated Form 1045, Schedule B
NOL Carryover From 2011 to 2012
Worksheet Instructions
How To Get Tax Help
Low Income Taxpayer Clinics (LITCs).
Re: Did Romney pay NO federal taxes in 2009? - Lemon Drop - 07-18-2012
You and Romney, there's practically no daylight between you.
No secrets?
Sure, except for Mitt Romney's tax returns.
Re: Did Romney pay NO federal taxes in 2009? - Avenger - 07-18-2012
I see you are giving up. TIme to go to bed.
Re: Did Romney pay NO federal taxes in 2009? - Lemon Drop - 07-18-2012
Yes, you've convinced me.
I'm voting for Romney now.
Re: Did Romney pay NO federal taxes in 2009? - RgrF - 07-18-2012
lafinfil wrote:
Might not have appeared so bad except for the write offs of quarterly trips to the islands to visit his money.
: - )
You did indeed let the guy back in for your own personal amusement, good for you.
Re: Did Romney pay NO federal taxes in 2009? - August West - 07-18-2012
He fills out exactly the same forms you and I fill out.
Because he has not released his tax forms, the public does not know if this is true or not.
Re: Did Romney pay NO federal taxes in 2009? - Pops - 07-18-2012
Avenger wrote:Ha! That's the whole point. You can't be as clueless as your posts suggest, so what is YOUR point.
Whatever IRS tells me to. So does Romney. There are no secrets.
Re: Did Romney pay NO federal taxes in 2009? - Avenger - 07-18-2012
You guys pretend Romney filled out his tax forms then put it in his safe at home. The government has his tax forms. Someone could be reading them right now. If there was anything wrong they'd be knocking on his door. Remember, it is Obama's IRS we are talking about.