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wife had total projected monthly income of $4,354 and total
projected monthly expenses of $4,200. Petitioner signed the
statement of his projected monthly income and expenses under
penalties of perjury.
Petitioner did not file a Federal income tax return for any
year in issue. Except for $287 of Federal income tax withheld
from the compensation he received as an employee of Renaissance
in 1998, there were no Federal income tax withholdings or
estimated Federal income tax payments made by petitioner during
any of the years in issue.
Relying upon various indirect methods of determining income
that take into account information received from third parties
and the schedule of income and expenses filed in the bankruptcy
proceeding, respondent, in the notice of deficiency, computed
petitioner’s gross income for each year in issue as follows:
Year Income
1990 $18,648
1993 36,168
1994 21,924
1995 22,680
1996 23,688
1997 24,444
1998 18,700
With the exception of the compensation that petitioner received
from Renaissance in 1998, respondent determined that all other
items of gross income for each year in issue constitute net
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