-2- The issues for decision are: (1) Whether petitioner failed to report income during the year in issue; (2) whether petitioner is liable for a section 6651(a) addition to tax for failure to file a 1992 Federal income tax return; and (3) whether petitioner is liable for a section 6654(a) addition to tax for failure to make estimated tax payments for 1992. All section references are to the Internal Revenue Code in effect for the year in issue. All Rule references are to the Tax Court Rules of Practice and Procedure. FINDINGS OF FACT Some of the facts have been stipulated and are found accordingly. The stipulation of facts and the attached exhibits are incorporated herein by this reference. Background Clyde Franklin Craig (petitioner) resided in Seattle, Washington, at the time he filed his petition. Between 1962 and 1965, he studied physics and electrical engineering at UCLA, but did not graduate. Petitioner has worked in the electronics engineering field. Petitioner concedes that he did not file a 1992 Federal income tax return. Petitioner's Sources of Income In 1992, petitioner worked as a television engineer for King Broadcasting Co. (KBC), a major television broadcast station in the Seattle area. His duties included maintaining and repairing thePage: Previous 1 2 3 4 5 6 Next
Last modified: May 25, 2011