- 11 -
Petitioner testified that he prepared his own returns for
1992 and 1993. He failed, however, to maintain adequate records
to substantiate the amounts claimed on his return. Based on the
record, we hold that petitioner has not proved that his
underpayment was due to reasonable cause or that he acted in good
faith.
To reflect the foregoing,
Decision will be entered
for respondent.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11
Last modified: May 25, 2011