- 27 - tor will consider any information provided by the taxpayer including–- (A) The taxpayer’s age, employment status and history, ability to earn, number of dependents, and status as a dependent of someone else; (B) The amount reasonably necessary for food, clothing, housing (including utilities, home-owner insurance, home-owner dues, and the like), medical expenses (including health insurance), transportation, current tax payments (including federal, state, and local), alimony, child support, or other court-ordered payments, and expenses necessary to the taxpayer’s production of income (such as dues for a trade union or professional organization, or child care payments which allow the taxpayer to be gainfully employed); (C) The cost of living in the geographic area in which the taxpayer resides; (D) The amount of property exempt from levy which is available to pay the taxpayer’s expenses; (E) Any extraordinary circumstances such as special education expenses, a medical catastrophe, or natural disaster; and (F) Any other factor that the taxpayer claims bears on economic hardship and brings to the attention of the director. [Sec. 301.6343-1(b)(4)(ii), Proced. & Admin. Regs.] Assuming arguendo that the expenses claimed by Ms. Collier (i.e., expenses relating to her adult son’s college education, her own postgraduate work, and the care of her mother) qualify as basic living expenses within the meaning of section 301.6343- 1(b)(4), Proced. & Admin. Regs.,20 Ms. Collier presented no 20We are persuaded on the record before us that the expenses for the care by Ms. Collier of her mother qualify as basic living expenses within the meaning of that regulation. However, as (continued...)Page: Previous 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Next
Last modified: May 25, 2011