- 2 - The issue is whether wages and a pension distribution are taxable under section 61.1 Petitioner resided in Hickory, North Carolina, at the time the petition was filed. Respondent determined that petitioner received wages of $31,808 and a pension distribution of $1,270 from a so-called section 401(k) retirement account during 1996, and petitioner has stipulated these facts. Petitioner raises two arguments. First, he contends that this Court does not have jurisdiction to resolve the matter. We have frequently stated that the predicates to our jurisdiction are that a valid notice of deficiency is mailed to the taxpayer at his last known address and a timely petition is filed in this Court. See secs. 6612, 6213, Rule 13; see also Monge v. Commissioner, 93 T.C. 22, 27 (1989); Pyo v. Commissioner, 83 T.C. 626, 632 (1984). That jurisdiction is in personam. See Freytag v. Commissioner, 110 T.C. 35, 39 (1998). In this case a valid notice of deficiency was mailed to petitioner at his last known address, and petitioner timely filed a petition in this Court. This Court, therefore, has jurisdiction. Petitioner’s second argument is that wages or compensation for labor and the pension distribution are not taxable income. 1 Section references are to the Internal Revenue Code in effect for the year in issue, and Rule references are to the Tax Court Rules of Practice and Procedure.Page: Previous 1 2 3 Next
Last modified: May 25, 2011