- 9 - child filed an income tax return reporting any portion of such interest, nor did any other individual report any such amount on any of his income tax returns as either income or tax-exempt interest. “V.H. Hernandez” and “M.L. Hernandez” were petitioner’s brother, Vincent, and his brother’s wife, Mildred, respectively. For tax year 1992, respondent did not include $1,070.18 in adjustments to petitioner’s income from interest received in redemption of tax certificates held by petitioner jointly with Vincent or Mildred Hernandez. With respect to amounts reported on Forms 1099 bearing their names and petitioner’s name for tax years 1990 and 1991, neither Vincent nor Mildred Hernandez filed an income tax return that reported interest from the redemption of the tax certificates in question as either income or tax- exempt interest. Vincent and Mildred Hernandez signed a document dated February 27, 1984, that purported to appoint petitioner as “Attorney-in-fact” to “represent them before the Tax Collector * * * of Pasco County”. This document had no expiration date. “F.E. Reaves” was Mrs. Hernandez’ mother, who died prior to trial at a time not indicated in the record. Ms. Reaves did not file an income tax return in any year at issue that reported amounts of interest earned in redemption of Pasco County tax certificates as either income or tax-exempt interest.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