- 3 - During the years in issue, petitioner operated a piano service and sales business. Petitioner has been self-employed in this business since 1990 and has been self-employed in other unidentified businesses since 1983. Petitioner reported the income and expenses attributable to his piano service and sales business on Schedules C for the years in issue. For each year, along with other business expense deductions not in dispute, petitioner deducted as "other expenses" the payments made to the aforementioned religious organizations. Although petitioner reported net profit on his Schedules C for 1990 and 1991, petitioner did not file a Schedule SE, Computation of Social Security Self-Employment Tax, or pay self-employment tax on the amount of net profit earned from the business for either year. On January 6, 1992, petitioner completed a Form 4029, Application for Exemption from Tax on Self-employment Income and Waiver of Benefits, and forwarded it to the Internal Revenue Service. On the Form 4029 petitioner stated, in part: I certify that I am and continuously have been a member of Church of Jesus Christ, Terre Haute, Indiana, since 20 Feb 1977 and as a follower of the established teachings of that group, I am conscientiously opposed to accept any benefits of any private or public insurance that makes payments in the event of death, disability, old age, or retirement or makes payments toward the cost of, or provides services for, medical care. Public insurance includes any insurance system established by the Social Security Act.Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011