- 14 - In addition, we find respondent's conclusions supported by the fact that her estimates of petitioner's gross receipts are in line with the results that respondent observed in the examinations of similarly situated taxpayers and supported by information received from the Star Telegram. We also note that petitioners' incomes as determined in the notice of deficiency are more consistent with the transactions reflected on the records of petitioners' joint checking account than the incomes reported on their Federal income tax returns. Accordingly, the determinations made by respondent in the notice of deficiency are sustained. To reflect the foregoing, Decision will be entered for respondent.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Last modified: May 25, 2011