- 3 - that also shows $942.31 of Federal income tax withholdings; (2) prepared Federal income tax returns for other individuals; and (3) made cash contributions totaling $1,315 to the Brooklyn Tabernacle Deliverance Center. Petitioner’s timely filed 2000 Federal income tax return shows her name as the “paid preparer” and “Marcy Multiservice Center” as the name of the firm of the paid preparer. On that return petitioner: (1) Reported wage income of $12,360; (2) claimed exemption deductions for herself and three dependents; (3) claimed the standard deduction; and (4) claimed an earned income credit computed by treating each of two dependents as a qualifying child. Petitioner did not elect to itemize deductions on her 2000 return, and she did not include a Schedule C, Profit and Loss from Business, with that return. Her return shows no taxable income and no income tax liability. The $4,157 refund claimed on petitioner’s return consists of $1,245 of Federal income tax withholdings from her wages and a $2,912 earned income credit. Attached to petitioner’s return is a Form W-2 from the City of New York that reports the wages and income tax withholdings shown on petitioner’s return.1 In the notice of deficiency respondent increased petitioner’s income by $11,286, which is the difference between 1 No explanation has been provided for the discrepancies between the Forms W-2 contained in the record.Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011