re: #116 Timothy Watson

Trump can release his personal income tax information at any time. The IRS doesn’t prohibit a person from releasing their own information, even if it is under audit.

As you note, the IRS has various lookback periods, and it is entirely possible that in looking at some of his returns, the IRS red-flagged items, and then sought more information from prior years.

Not surprising or shocking considering that if you are taking certain items as deductions or credits, you’re probably doing that on multiple year returns. So, if there’s a problem with one year, it’s rippling through other years - forwards and back.

Still, I think the big reason that he doesn’t want to release is that it’d show that he’s not nearly as well off as he claims - that his income is far below what one would expect a billionaire to be bringing in annually in income. I suspect that he’s cash poor and highly leveraged with most of his wealth tied up in various corporate entities and real estate, not as liquid assets.