Robert W. Suhr - Page 2




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          petitioner is liable for tax on one-half of the capital gain                
          realized on the sale of a house (the Arden Road house) that his             
          former wife owned, one-half of the sale proceeds of which were              
          awarded to him when he and his wife were divorced.  We hold that            
          he is not liable for tax on any of the capital gain.  Thus,                 
          petitioner is not liable for the accuracy-related penalty under             
          section 6662 for substantial understatement of tax for 1994                 
          relating to the gain on the sale of the Arden Road house.1                  
               Section references are to the Internal Revenue Code in                 
          effect during the years in issue.  Rule references are to the Tax           
          Court Rules of Practice and Procedure.                                      
                                      Background                                      
               The parties submitted this case fully stipulated under Rule            
          122.                                                                        
          A.   Petitioner                                                             
               Petitioner was born in 1942, and he lived in Thornville,               
          Ohio, when he filed his petition.  Petitioner is an attorney and            
          has practiced law since 1970.                                               
          B.   Petitioner’s Marriage to Mary Lois Suhr                                
               Petitioner and Mary Lois Suhr (Mrs. Suhr) were married in              
          1964 in Columbus, Ohio.                                                     




               1  Petitioner concedes that he is liable under sec. 6662 for           
               1994 and 1995 relating to the settled issues.                          





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