- 12 -
1992 and 1993 tax returns and Bell’s June 2, 1998, letter to
Beatson in which Bell stated: “No audit was made of joint tax
returns filed for 1992, 1993 and, [sic] 1995.”
Mary’s separate 1994 tax return was filed on or after July
12, 1998. Mary did not file a 1994 separate tax return before
that date, even though her withholding was not enough to cover
what would have been her 1994 tax liability on a married-filing-
separately basis. On her separate 1994 tax return, Mary reported
her Form W-2 income (rounded to $28,685) and taxable interest
income ($184), for an adjusted gross income of $28,869. These
are the same amounts that appear on the joint tax return, which
also shows a breakdown on Schedule B, Interest and Dividend
Income, of income by payor. On the separate 1994 tax return,
Mary claimed the standard deduction for married filing
separately--$3,175. The joint tax return shows $57,099 on
Schedule A, Itemized Deductions, after applying the 7.5-percent
floor for medical expenses and the 2-percent floor for
miscellaneous deductions. Mary’s separate 1994 tax return shows
a $4,033 liability and, after a $2,536 credit for withholding
(rounded from the Form W-2 amount), a $1,497 amount owed. The
record does not indicate whether (1) Mary paid the amount owed,
or any interest thereon, or any late filing addition to tax, or
(2) respondent disallowed Mary’s standard deduction because of
section 63(c)(6)(A).
Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 NextLast modified: May 25, 2011