115 T.C. No. 15 UNITED STATES TAX COURT KATHRYN CHESHIRE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 3483-99. Filed August 30, 2000. P and H filed a joint 1992 Federal income tax return on which a portion of retirement distribution proceeds H received and interest received from a joint bank account were omitted from gross income. Although P acknowledges that when she signed the joint return she had actual knowledge of the omitted retirement distribution proceeds, she posits that, relying on H’s false statements, she had reason to believe that the omitted retirement distribution proceeds were not taxable and that she should be entitled to relief under sec. 6015(b), (c), and/or (f), I.R.C., with respect thereto. Further, P seeks innocent spouse relief with respect to the sec. 6662(a), I.R.C., accuracy-related penalty. 1. Held: P is not entitled to innocent spouse relief with respect to the omitted items of income.Page: 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