- 3 -
Massachusetts.2 See sec. 7503. However, petitioners did not
file their 1991 joint return until October 26, 1994, after
individual notices of deficiency had already been issued to each
spouse.
During the taxable year 1991, Barry was a self-employed
consultant. On Schedule C of their 1991 return, petitioners
reported a net $24,572 loss with respect to Barry's consulting
activities. During 1991, Barry received compensation in the
total amount of $634, summarized as follows:
Employer Amount Withholdings
City of Stamford $165 -0-
Town of Greenwich 469 -0-
During 1991, Shelley received wages from AMBAC Indemnity in
the total amount of $100,571.97, from which her employer withheld
Federal income taxes in the amount of $17,831.11. She received
dividends from Manufacturer's Hanover Trust, as transfer agent,
in the amount of $652, from which Manufacturer's withheld Federal
income taxes in the amount of $128. She also received interest
income from Citybank in the amount of $1,203, from which the bank
withheld Federal income taxes in the amount of $240.
2Although petitioners resided in Connecticut, their return
was to be filed with the Andover Service Center in Andover,
Massachusetts. Whether the filing date is a legal holiday is
determined by reference to the State where the internal revenue
district office is located. Sec. 7503.
Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011