- 2 - petitioner’s net earnings from his law practice are subject to self-employment taxes and whether payment of those taxes is voluntary. At the time the petition in this case was filed, petitioner resided in Knoxville, Tennessee. Petitioner did not file timely a Form 1040, U.S. Individual Income Tax Return, for taxable years 1995 and 1996. On December 22, 1998, respondent issued a notice of deficiency in which he determined the following deficiencies and additions to tax: Additions to Tax Year Deficiency Sec. 6651(a)(1) Sec. 6654 1995 $68,735 $17,183.75 $3,727.01 1996 12,245 3,061.25 651.74 Some of the deficiencies were attributable to petitioner’s failure to report or otherwise pay self-employment taxes. On March 23, 1999, petitioner filed a timely petition to this Court. On July 7, 2000, petitioner executed Federal income tax returns for taxable years 1995 and 1996. On the Schedules C, Profit or Loss from Business, attached to those returns, petitioner reported net income of $116,814 for taxable year 1995 and $41,111 for taxable year 1996. The Schedules C showed that the income was derived from Mr. Baker’s business or profession as an “Attorney”. On the Schedules SE, Self-Employment Tax, 1(...continued) Practice and Procedure.Page: Previous 1 2 3 4 5 6 7 Next
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