Eric B. Benson, et al. - Page 3

                                        - 3 -                                         
          Mark D. Benson, Docket No. 19417-98:                                        
                                       Penalty                                       
               Year      Deficiency     Sec. 6662(a)                                  
               1994      $50,158        $10,032                                       
          Eric B. Benson, Docket No. 19421-98:                                        
                                       Penalty                                       
               Year      Deficiency     Sec. 6662(a)                                  
               1994      $36,853        $7,370                                        
          Burton O. and Elizabeth C. Benson, Docket No. 12967-00:                     
                              1Additions to Tax/Penalties                             
          Year   Deficiency   Sec. 6651(a)    Sec. 6653(b)     Sec. 6663(a)           
          1988    $125,578         –         $100,654.50         –-                   
          1989     168,666    $42,173.50          –-        $126,499.50               
          1990    2113,559    28,390.25           –-        85,169.25                 
          1993  31,500,523    –-                  –-        1,125,392.25              
               1Respondent asserts the accuracy related penalties as an               
          alternative in the event that the Court does not find fraud.                
               2In his second amendment to answer to petition as amended,             
          docket No. 12967-00, respondent asserted an increase in the                 
          deficiency amount, addition to tax, and fraud penalty for 1990 of           
          $122,930, $30,733, and $92,197.50, respectively.  See infra p. 5,           
          table, note 2.                                                              
               3In his second amendment to answer to petition as amended,             
          docket No. 12967-00, respondent decreased the amount of the                 
          deficiency and fraud penalty for 1993 to $1,499,627 and                     
          $1,124,720.25, respectively.                                                
          Burton O. and Elizabeth C. Benson, Docket No. 14171-01:                     
                                        Penalty                                       
               Year      Deficiency     Sec. 6663(a)                                  
               1994       1$118,429     $88,821.75                                    
               1In his amendment to answer, docket No. 14171-01, respondent           
          asserted an increase in the deficiency amount and fraud penalty             






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