- 7 -
amount that declined with each payment. None of the notices
included interest.
Petitioner timely paid at least $100 per month, which was
more than respondent's notices said was due. Respondent's notice
dated March 1, 1995, said that "total balance owed including
penalties and interest" was $180.24. On March 9, 1995,
petitioner paid $180.24 to respondent.
E. Respondent's August 9, 1995, Notice of Interest Due and
Events Thereafter
On August 7, 1995, respondent assessed interest of $5,284.44
that had accrued for petitioner's 1985 tax year from April 15,
1986, to August 7, 1995.
Respondent sent petitioner a notice on August 9, 1995, which
stated in part as follows:
YOUR NEXT PAYMENT IS DUE SOON
Your next payment of $74.87 is due on 08-15-95.
The current status of your account is shown below.
We apply installment payments to tax periods in the
order they are assessed.
FORM NUMBER CAF TAX PERIOD ENDED AMOUNT
1040 0 12-31-85 $6,019.10
Payment due $74.87
The amount shown doesn't include accumulated penalty
and interest. Please contact us for the total amount
due.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011