- 2 - The only issues are: (1) Whether petitioners are entitled to a net operating loss carryforward, from 1992 to 1996 and 1997, in an amount exceeding that allowed in the notice of deficiency; and (2) whether petitioners are liable for the section 6651(a)(1)1 addition to tax for 1997 and the section 6662(a) accuracy-related penalties for 1996 and 1997. 1Unless otherwise indicated, all section references are to the Internal Revenue Code as amended, and all Rule references are to the Tax Court Rules of Practice and Procedure.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011