- 5 - On their 1992 Federal income tax return, petitioners reported total pension and annuity income in the amount of $22,010, of which they included $1,496 in their gross income for that year. In the notice of deficiency, respondent determined that no portion of petitioner’s pension for the 1992 taxable year was excludable from gross income and increased petitioners’ 1992 taxable income in the amount of $20,514.1 Respondent also made computational adjustments to petitioners’ Schedule A itemized medical and dental expense deductions which increased petitioners’ taxable income an additional $1,538.58 for 1992. Respondent filed a motion for summary judgment with this Court, together with supporting documents, on November 15, 1999. By Order dated November 17, 1999, the Court calendared the motion for hearing on February 14, 2000, and ordered petitioners to file an objection to Respondent’s Motion for Summary Judgment on or before January 7, 2000. Petitioners timely filed an objection to Respondent’s Motion for Summary Judgment, together with supporting documents. When the case was called for hearing on 1 This amount was calculated by the difference between $22,010 and $1,496 which was reported as gross income in their 1992 tax return.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
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