- 5 - 12. whether the Michoff, Srs., substantially understated their tax in the 1986 and 1987 tax years. Issues With Respect to Michoff, Jr., and Kimberly Michoff 13. Whether Michoff, Jr., received unreported income in the 1986, 1987, 1988, and 1989 tax years in the amounts of $39,850, $29,879, $24,422, and $68,798, respectively; 14. whether the Michoff, Jrs., had unreported taxable income in the 1990 tax year in the amount of $22,649; 15. whether Michoff, Jr., realized a capital gain from the sale of a partnership interest in the 1986 tax year in the amount of $26,058; 16. whether Michoff, Jr., is entitled to any Schedule C deductions with regard to a limousine activity for his 1989 tax year; 17. whether Michoff, Jr., failed to timely file his Federal income tax returns for the 1986 and 1987 tax years; 18. whether Michoff, Jr., failed to pay estimated tax for the 1986 and 1987 tax years; 19. if any underpayments exist, whether the underpayments of tax for Michoff, Jr., are due to negligence or disregard of rules or regulations; 20. whether Michoff, Jr., substantially understated his tax for the 1988 tax year; andPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011