Treasury Secretary stresses that anyone can file for tax extension, commenting on Trump's action | New Hampshire
All Sections

Home | Politics

Treasury Secretary stresses that anyone can file for tax extension, commenting on Trump's action

By KIMBERLY HOUGHTON
Union Leader Correspondent

April 17. 2018 10:27PM
Treasury Secretary Steven T. Mnuchin speaks to the press Tuesday after an event at the Derry Opera House. (KIMBERLY HOUGHTON/ UNION LEADER CORRESPONDENT)



DERRY — During a stop in New Hampshire on Tuesday, the Secretary of the Treasury was asked to comment about President Donald Trump filing an extension for his 2017 tax return.

“I can’t as treasury secretary comment on any individual’s taxes — whether it is the President’s or anybody else’s,” said Mnuchin after a town hall-style event with Ivanka Trump. “I will say, for many people who have complicated tax situations, they do have to file extensions in many cases.”

“As long as they pay their taxes, from the IRS’ perspective, if they follow the law and take the extension, that is something that many businesses do and certain individuals do. There is nothing wrong with any individual taking advantage of extensions,” said Mnuchin.

White House press secretary Sarah Sanders said in a statement on Tuesday that the President has filed an extension, and will file his tax return by the extension deadline of Oct. 15.

As people nationwide attempted to pay their taxes on Tuesday, the IRS tax payment website service was not working. Mnuchin said he was monitoring the situation.

“It is obviously a very large-volume day for the IRS,” he told reporters gathered at the Derry Opera House.

There are two aspects to the IRS website — the electronic filing service and the direct online pay system for taxes, according to Mnuchin.

He said those unable to pay will receive an extension when the site is working again.



Mnuchin said filing taxes next year will be much simpler because of the new Tax Cuts and Jobs Act, adding that in 2019, individuals will have the opportunity to file taxes using a postcard or electronic postcard.

khoughton@newstote.com


Politics Presidential Derry


Newsletter Signup


Hillsborough's 10th Annual Living History Event
Saturday, 9 a.m. - 5 p.m.,
Sunday, 9 a.m. - 4 p.m.

Cornish Fair
Friday, 7 a.m. - 11 p.m.,
Saturday, 7 a.m. - 11 p.m.,
Sunday, 7 a.m. - 7 p.m.

157th Children's Fair
Saturday, 10 a.m. - 3 p.m.