- 11 - that they acted in good faith. Although petitioners were able to produce some records at the administrative level and at trial that support their entitlement to business expense deductions, nearly all of the figures which petitioners listed on their 1992 Schedule C were erroneous. We hold that petitioners are liable for the section 6662(a) accuracy-related penalty. To reflect the foregoing, Decision will be entered under Rule 155.Page: Previous 1 2 3 4 5 6 7 8 9 10 11
Last modified: May 25, 2011