- 3 - was another attached Form W-2 for Mr. Prouty from "Theatrical & TV Motion Picture Special Payment Fund" (TMPSPF) in the amount of $10.40. Attached to the return were two Forms W-2 in the name of Cheryl Prouty (petitioner). One was from "Sinclair Television of Nashville, Inc." indicating wages, tips and other compensation of $28,429.47, and the other was from "Lambert Broadcasting of Nashville" (Lambert) indicating $26,259.82. On neither form was box 15 checked to indicate that petitioner was a "statutory employee". Petitioners filed with their return two Schedules C, Profit or Loss From Business. No Schedule C was filed for Mr. Prouty, both were for petitioner. One was for her multilevel sales representative business, and one was for the business of "TV Sales Executive" under the business name, "WZTV & WNAB". The latter Schedule C reported business income of $61,001, expenses of $7,904, and net profit of $53,097. The Internal Revenue Service Center (Service Center) in Ogden, Utah, sent petitioners a form notice CP-2000 dated October 31, 2000, proposing changes to their 1998 income tax return. Among other items, the Internal Revenue Service (IRS) proposed an increase in taxable wages of $7,914, an amount that comports with the sum of the disallowance of petitioner's TV Sales Executive Schedule C deduction of $7,904 and the Form W-2 in the name ofPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011