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Petitioner conceded that she took deductions on both the
Schedule C-1 and the Schedule E which were false. She had no
right to claim these deductions. She was unable to substantiate
many of the deductions she claimed on both the Schedule C-1 and
the Schedule C-2. In fact, she only fully substantiated two
items originally deducted on the two Schedules C. Petitioner
filed a false Schedule E that benefited her through the avoidance
of self-employment tax.
Under the foregoing circumstances, we can only conclude that
she was negligent. We find that petitioner is liable for the
accuracy-related penalty.
To reflect the various adjustments,
Decision will be entered
under Rule 155.
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Last modified: May 25, 2011