2012 massachusetts form

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Spouse 3 PWH-WA LOA and certain 1099s if applicable. 3 36 2011 overpayment applied to your 2012 estimated tax from 2011 Form 1 line 45 or Form 1-NR/PY line 50 do not enter 2011 refund. 3 37 2012 Massachusetts estimated tax payments do not include...
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Son of boss was a criminal tax avoidance scheme for corporations in the 1990s the Marriott corporation was one of the companies that got nailed for avoiding taxes illegally using that scheme Mitt Romney was on the board of Marriott corporation he was the head of the Audit Committee on the board when Marriott engaged in that tax avoidance scheme for which they got caught and for which they had to pay tens of millions of dollars in fines son of boss the Cayman Islands is an island that's sort of caddy corner from Cuba and Jamaica it's an island where there are lots and lots and lots of post office boxes that attend to people who do not live in the Cayman Islands that's because pretending your money lives in the Cayman Islands is a famous scheme for avoiding paying taxes on that money in say the United States the one year of tax returns we do have for mr. Romney shows holdings of his in the Cayman Islands Switzerland is very far away from the Cayman Islands it is sandwiched between France and Germany and Italy it is famous for being neutral in wartime it's famous for the Swiss Alps for fancy watches and pocket knives and it's famous for its bank accounts if you get a Swiss bank account the Swiss will ask no questions their banking secrecy laws make Swiss bank accounts very convenient if you are seeking to hide money that would be somehow embarrassing say money that represents the proceeds from some shady business or money that you are trying to shield from Texas the one year of tax returns we do have for presidential candidate Mitt Romney shows him having a Swiss bank account here in the good old US of A we have something called an IRA an individual retirement account system IRAs were set up as a savings and investment vehicle for regular middle-class Americans in exchange for there being a limit on how much you can suck away into one of these accounts each year the government shields the money in that account from Texas one of the great mysteries of Mitt Romney's taxes is that even though there's basically a six thousand dollar a year limit on how much you can put into your IRA the one year of his tax returns that we have seen shows that his IRA contains more than a hundred million dollars how did that get there no idea but putting it there in some ways shields it from Texas the New York Times did a quirky little front-page story a couple of weeks ago about this house in Missouri City Texas on which Mitt Romney owns the mortgage he does not live in the house he doesn't apparently know the people who do but the people who do live there send their mortgage payments every month personally to Mitt Romney they refinanced with him as if he were a bank but he's just a guy they refinanced with him personally just a couple of months ago while he was running for president the reason he owns that couples mortgage on that house in Texas is that he bought it in the 1980s as part of a tax avoidance scheme we know very little about Mitt Romney's massive and...

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Please select the version for Fillable MA DoR 1 form
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