- 2 - deficiencies and additions to tax regarding both petitioners and accuracy-related penalties regarding petitioner Charol L. Stafford (Mrs. Stafford) as determined in the notices of deficiency. These cases were consolidated for trial, briefing, and opinion pursuant to the Court's order dated August 7, 1996. Respondent determined the following Federal income tax deficiencies, additions to tax, and penalties with respect to Mrs. Stafford: Additions to Tax and Penalties Year Deficiency Sec. 6651(a)(1) Sec. 6662(a) 1989 $ 3,539 --- $ 708 1990 10,521 --- 1,490 1991 2,066 $104 --- 1992 3,700 642 --- 1993 1,524 --- --- Respondent determined the following Federal income tax deficiencies and additions to tax with respect to petitioner James E. Stafford (Mr. Stafford): Additions to Tax Year Deficiency Sec. 6651(a)(1) Sec. 6654 1989 $ 3,539 $ 885 $239 1990 11,440 2,092 34 1991 2,066 104 --- 1992 3,700 240 --- 1993 1,721 100 --- Background The deficiencies in income taxes are based on respondent's determinations that petitioners failed to report income in the following respects: (1) Although Mrs. Stafford filed Federal income tax returns for the tax years 1989, 1990, and 1993 reporting wage income earned in her individual capacity, shePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011