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Valley withheld Federal income tax of $540.20 from the wages paid
to petitioner during 1991. Petitioner also received unemployment
compensation of $7,904 from the State of Oregon in 1991.
Furthermore, in that year petitioner earned interest income from
Amvesco, Inc., d/b/a Western Pioneer Title Co., in the amount of
$18.91, and interest income of $58 from the Public Employees
Federal Credit Union. No Federal income tax was withheld from
either distribution of interest.
During 1992 and 1993, petitioner received $31,750 and
$42,000, respectively, in nonemployee compensation from MYCO
Financial, Inc. (MYCO). These amounts were reported on Forms
1099-MISC issued to petitioner for each of those years. No
Federal income tax was withheld by MYCO from payments made to
petitioner during 1992 and 1993. Petitioner also received
unemployment compensation during 1992 in the amount of $1,235
from the State of Oregon. Also, in 1992 Bumgarner earned
Schedule A income of $300 from Bungee Masters, Inc. and $13 from
Melaleuca, Inc. (Melaleuca). In 1993, petitioner received $151
of interest income from one or more unspecified sources. He also
earned $33 of Schedule A income from Melaleuca in that year.
Discussion
We must decide whether petitioner's wages and nonemployee
compensation should be included in his gross income for income
tax purposes for the years at issue.
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