- 2 - Addition to tax Accuracy-related penalty sec. sec. sec. Year Deficiency 6651(a)(1) 6662(b)(1) 6662(b)(2) 1989 $6,646 $1,915 –- $1,532 1990 10,146 1,805 –- 2,026 1991 3,546 –- $686 -- 1992 268 –- 78 -- 1993 3,210 –- –- 1,136 After concessions,2 the issues remaining for decision are: (1) Whether petitioners are entitled to deductions for wage expenses of $1,918 for 1989 and of $2,000 for each of the years 1990 through 1993; (2) whether petitioners’ income from wages should be reduced by $2,000 for each of the years 1989 through 1993; (3) whether petitioners are entitled to deductions for medical plan expenses of $3,446, $4,197, $13,140, $4,568, and $8,914 for 1989, 1990, 1991, 1992, and 1993, respectively; (4) whether petitioner Judith Haeder is entitled to deductions for contributions to an individual retirement account (IRA) of $2,000 for each of the years 1989 through 1993; (5) whether petitioners are entitled to additional deductions for legal and professional expenses on petitioner Richard Haeder’s Schedules C, Profit or Loss From Business (Sole 2The parties settled several issues raised in the notice of deficiency. Those issues are set forth in a stipulation of agreed adjustments filed with the Court on July 13, 1999. The parties’ concessions are not repeated here but are incorporated herein by this reference.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