A. Muhsin and B. Jackson Muhsin - Page 2




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               Respondent determined a deficiency in petitioners' 1995                
          Federal income tax in the amount of $3,272 and an accuracy-                 
          related penalty under section 6662(a) for negligence or                     
          intentional disregard of rules or regulations in the amount of              
          $654.                                                                       
               The issues for decision are as follows:                                
               (1)  Whether petitioners are entitled to certain claimed               
          itemized deductions.                                                        
               (2)  Whether petitioners are entitled to certain claimed               
          Schedule C deductions.                                                      
               (3)  Whether petitioners are entitled to an earned income              
          tax credit.                                                                 
               (4)  Whether petitioners are liable for the accuracy-related           
          penalty under section 6662(a) for negligence or intentional                 
          disregard of rules or regulations.                                          
          Background                                                                  
               Petitioners resided in Trenton, New Jersey, at the time the            
          petition was filed.  In their amended petition, petitioners                 
          assert the following:                                                       
               All the adjustments made are incorrect.  IRS had no                    
               grounds for making any changes in my report as                         
               submitted.  IRS had no reference and/or informations                   
               over and above my report to justify any claim(s) of                    
               deficiency.                                                            
                                                                                     
               The amended petition was filed in this case on January 20,             
          1998.  Respondent's answer was filed February 2, 1998.  By notice           





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