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effect for the year in issue, and all Rule references are to the
Tax Court Rules of Practice and Procedure.
Respondent determined a deficiency in petitioner’s Federal
income tax of $2,755 for the taxable year 1998. Respondent
concedes the portion of the deficiency in excess of $712.
The issue for decision is to what extent petitioner must
include in income amounts received as railroad retirement
benefits.
Some of the facts have been stipulated and are so found.
The stipulations of fact and the attached exhibits are
incorporated herein by this reference. Petitioner resided in
Blue Island, Illinois, on the date the petition was filed in this
case.
During 1998, petitioner received retirement benefits of
$19,844.96 from the U.S. Railroad Retirement Board (RRB). For
that year, petitioner received from the RRB a Form RRB-1099-R,
Annuities or Pensions By the Railroad Retirement Board. This
form listed the following:
Employee contributions $13,290.20
Contributory amount paid 19,242.96
Supplemental annuity 602.00
Total gross paid 19,844.96
Petitioner reported $19,243 of the benefits on his 1998 Federal
income tax return, but listed this amount as fully nontaxable
Social Security benefits rather than as income from pension and
annuities.
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Last modified: May 25, 2011