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1996 1997
Income PetitionerMr. MorrisPetitionerMr. Morris
Wages $21,407 $2,301 $3,265 $-0-
State tax refund 195 -0- 463 -0-
Dividends 2 -0- -0- -0-
IRA early distributions-0- 7,645 -0- 25,660
Schedule C, Profit or Loss
from Business, net income -0-15,305 -0- (5,373)
Deductions
Medical 2,769 -0- 1,291 3,561
Mortgage interest 6,989 -0- 6,962 -0-
Charitable contributions 6,0704,489 150 4,152
Taxes 617 -0- 175 -0-
Miscellaneous itemized70 -0- 75 -0-
Other
Sec. 72(t) additional tax -0-764 -0- 2,566
Taxes withheld 2,163 125 288 -0-
Respondent applied community property principles to
determine the parties’ share of income, additional tax, and
deductions, allocating to petitioner her community property share
as follows:
Income 1996 1997
Wages $11,854.00 $1,632.50
State tax refund 97.50 231.50
Dividends 1.00 -0-
IRA early distributions 3,822.50 12,830.00
Schedule C net income 7,652.50 (2,686.50)
Deductions
Medical 1,384.50 2,426.00
Mortgage interest 3,494.50 3,481.00
Charitable contributions 5,279.50 2,151.00
Taxes 308.50 87.50
Miscellaneous itemized 35.00 37.50
Other
Sec. 72(t) additional tax 382.00 1,283.00
Taxes withheld 1,144.00 144.00
For 1996, respondent’s adjustments resulted in a net
increase of $2,018.50 in petitioner’s income, a net decrease of
$6,013 in petitioner’s deductions, a $1,019 decrease in
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Last modified: May 25, 2011