- 4 - Petitioner's Taxes Petitioner prepared and timely filed his Forms 1040 for 1989 (1989 original return) and 1990 (1990 return). Prior to April 15, 1990, petitioner prepared and filed a Form 1040X, Amended U.S. Individual Income Tax Return, for 1989 (1989 amended return). Petitioner prepared the Forms W-2 that he attached to his 1989 original return, 1989 amended return, and 1990 return. The Forms W-2 listed the following amounts as Federal Income tax withheld: Year Employer Federal Income Tax Withheld 1989 Law Offices of Jerry Sadler, P.C. $39,500 1989 Jerry Sadler, Attorney at Law, P.C. 13,720 1989 Sixty Eleven Kirby Corp. 16,380 1990 J.S., P.C. doing business as Jerry Sadler, Attorney at Law, P.C. 26,000 During the years in issue, petitioner's corporations did not deposit with the Internal Revenue Service (IRS) any Federal income taxes on the wages earned by petitioner. Petitioner solely was responsible for making these deposits. On his 1989 original return, petitioner (1) reported a $22,056.50 tax liability and $39,500.00 of Federal income tax withheld and (2) claimed a $17,443.50 refund. The IRS assessedPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011