NY Gov. Cuomo Signs Bill Authorizing Release Of State Tax Returns

Thanks -
and it looks like there are enough points where the taxpayer is specifically required to
"submit a copy of federal Schedule (- -) "
that it would certainly paint a very vivid picture

2 Likes

not only that, but…

6 Business income or loss (submit a copy of federal Schedule C or C-EZ, Form 1040) … 6 .00
7 Capital gain or loss (if required, submit a copy of federal Schedule D, Form 1040) … 7 .00
8 Other gains or losses (submit a copy of federal Form 4797) … 8 .00

11 Rental real estate, royalties, partnerships, S corporations, trusts, etc. (submit copy of federal Schedule E, Form 1040) 11 .00

yup. And given that Trump has over 500 separate companies listed on his Federal Financial disclosure forms, you can bet that these federal forms are full of information (

3 Likes

Neal should ask got the NY returns after he gets the federal returns.

3 Likes

here’s an interesting question.

Trump claims to have been audited by the IRS every year since… who knows?

That strongly suggests that Trump has been forced to file “amended returns” to account for discrepanies found during the audits.

So did Trump file amended New York State returns when the numbers on his federal returns changed? (and was he required to do so?)

1 Like

Trump: And I have issued my veto that will last 10000 years. Covefefeee

Just imagining the increasing tempo got me all excited.

2 Likes

It probably won’t be requested because Chairman Neal is trying to prove in court that the Federal tax returns are being requested out of Presidential review and not just to embarrass Trump. Accepting the State returns could throw the argument for the Federal returns out the door.

2 Likes

Ouch!

3 Likes

giphy

5 Likes

And this is how it is done. States should be passing legislation to codify all of those norms that turned out to be just guidance: tax returns are government property, anti-nepotism laws for elected officials, etc.

Hey, why not?

1 Like

Mr Neal…the caveat king… it’s as though slow walking this thing is somehow beneficial to the outcome rather than exposing the malfeasance that will surely be found in these dicuments.