- 2 - Additions to Tax Sec. 6651 Sec. Sec. 6653 Sec. 6653 Sec. 6653 Sec. Year Deficiency (a)(1) 6651(f) (b)(1)(A) (b)(1) (b)(1)(B) 6654 1986 $54,593 --- --- $40,945 --- 1--- --- 1987 73,676 --- --- 55,257 --- 2--- $2,791 1988 85,992 --- --- --- $64,494 --- 5,158 1989 132,429 --- $94,988 --- --- --- 8,522 1990 40,064 $8,650 --- --- --- --- 2,238 1991 14,052 1,961 --- --- --- --- 412 1992 91,232 21,592 --- --- --- --- 3,427 1993 20,040 4,896 --- --- --- --- 818 1994 3,515 879 --- --- --- --- 182 1995 3,371 843 --- --- --- --- 186 150 percent of the interest due on $49,421. 250 percent of the interest due on $68,449. If we do not sustain respondent's determination of additions to tax for fraud pursuant to sections 6653(b)1 and 6651(f) for the years 1986 through 1989, respondent alternatively determined the following additions to tax for negligence or intentional disregard of rules and regulations (section 6653), and failure to file within the time prescribed by law (section 6651): Additions to tax Sec. 6651 Sec. 6653 Sec. 6653 Year (a)(1) (a)(1)(A) (a)(1) 1986 $12,355 $2,730 --- 1987 17,112 3,684 --- 1988 20,296 --- $4,300 1989 31,663 --- --- 1Unless otherwise indicated, all section references are to the Internal Revenue Code in effect for the years in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure.Page: Previous 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