- 7 -
Lester Sooner Sohio
Sohio/Standard Goodson Yurika Federal Federal
Year Oil Pontiac Foods Savings Credit Union
1982 $37,119.00 --- --- --- ---
1983 38,705.00 --- --- $54.00 ---
1984 16,438.32 $1,618.93 $2,966.00 --- ---
1985 31,722.21 1,953.46 380.69 7.51 ---
1986 51,898.12 --- 52.30 9.72 ---
1987 52,599.72 --- 45.15 --- $3
1988 43,925.08 --- 38.40 --- ---
Petitioner's community share of the foregoing amounts is one-
half. Petitioner received $6,201 in distributions from Sohio
Employees Investment Plan, of which his community share is
$3,100.6 In 1985, petitioner sold 282.781 shares of Standard Oil
stock; his community share of the sale proceeds is $6,302. In
1987, petitioner sold 8.089 shares of Standard Oil stock for
$621.12. His community share of the sale proceeds is $311.
Petitioner submitted Forms W-4 to his employer for 1984, 1985,
1986, 1987, and 1988 stating that he was exempt from Federal
withholding. Petitioner did not file a Federal income tax return
for the tax years 1982, 1983, 1984, 1985, 1986, 1987, and 1988.
In August 1991, an indictment was filed against petitioner for
violating section 7201 for the years 1985, 1986, and 1987.7 In
6 The notice of deficiency specifies that petitioner
received the Sohio Employees Investment Plan distributions in
1983.
7 Sec. 7201 provides:
Any person who willfully attempts in any manner to
evade or defeat any tax imposed by this title or the payment
thereof shall, in addition to other penalties provided by
law, be guilty of a felony and, upon conviction thereof,
shall be fined not more than $100,000 * * * or imprisoned
not more than 5 years, or both, together with the costs of
prosecution.
Page: 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