Bushes claim Illinois P.O. box as homeUtterly confusing. What purpose would it serve to not properly identify ones residency. Even if it may save him a few bucks in taxes, why even risk having the 'look' of impropriety.
A White House spokeswoman said the first couple lists Northern Trust, which handles their holdings, as their address for tax purposes
By Ken Herman
WASHINGTON BUREAU
Wednesday, April 20, 2005
WASHINGTON -- They've got a house in rural Texas and a nice home-office setup on Pennsylvania Avenue. But for tax purposes, President Bush and his wife, Laura, claim a Chicago post office box as their "home address."
The IRS states:
"As near as I can tell, it's OK," Internal Revenue Service spokesman Tim Harms said Tuesday after shopping the residency question among several people at his agency.Yet the rules seem to be a little more definitive:
In general, the IRS frowns upon the use of a post office box as a home address on tax forms. Instructions for Form 1040 say, "Enter your box number only if your post office does not deliver mail to your home."It's picking nits, really. But he is, after all, the President of the United States. What message does this send, and someone help me with why. If he is so darned proud of his Texas roots why wouldn't he simply list his Crawford address, or at the very least, 1600 Pennsylvania Avenue. That is his 'home address', isn't it.
Flash
via JPS
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