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Based on information available to us, you had
stock sales in the amount shown below. If you
can substantiate this is not all taxable income,
and verify your basis in the stock sold, we will
be glad to reconsider this adjustment.
Petitioner contends that he did not realize any gain
from the sales of his employer's stock during any of the
years in issue. At trial, petitioner testified that he
participated in an employee stock purchase plan under which
$100 per month was deducted from his wages and used to
purchase his employer's stock. Petitioner's testimony is
corroborated by an employee stock purchase plan quarterly
statement issued by Merrill Lynch for the last quarter of
1992 and by a pay statement issued by American Airlines,
Inc., for August 14, 1992, and December 15, 1994. We
accept petitioner's testimony that the cost of purchasing
the stock that he sold during each of the years in issue
was equal to or greater than the amount he realized from
the sale of stock and that he did not realize a gain from
the sales during any of the years in issue.
Fourth, petitioner claims to be entitled to collect
"damages" of $17,732.46 from the Internal Revenue Service
on the ground that "no one should ever profit from improper
acts, be it an individual, or governmental agent." He
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