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Table 6
1040/1040X Respondent's
Item Reported Amount Records Amount
Total tax liability $204,868 $204,868.00
Withholding and excess F.I.C.A.
payments 163,828 163,828.00
Balance due 41,040 41,040.00
Adjustments--Nov. 16, 1981 --- 5.00
4,104.00
1,231.20
2,900.91
Adjustments--Sept. 27, 1982 --- 820.80
3,039.49
1,334.43
(103.22)
Balance without transfer --- 54,372.61
Transfer 1981 to 1980 --- 54,372.61
Balance due --- -0-
Amended tax return refund
requested 204,868 ---
Refund paid for 1980 --- 128,715.36
Components:
(1) abatement of 1980 tax --- 55,923.00
(2) abatement of penalty --- 2,052.00
(3) abatement of previously
assessed interest --- 5,940.40
(4) interest on overpayment --- 64,799.96
By April 15, 1982, taking into account additions to tax and
accrued interest, the 1980 tax liability of $41,040 had grown to
$54,372.61.
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