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Federal Income
Year W-2 Income Taxes Withheld
1992 $70,015 $98.96
1993 70,621 48.63
1994 84,555 2,702.03
1995 94,697 5,034.71
1996 92,865 5,920.28
1997 70,054 3,502.74
1998 87,380 4,369.16
Total $570,187 $21,676.51
In 1993, Mr. Reimer claimed 26 exemptions on Form W-4,
Employee’s Withholding Allowance Certificate. In 1995, Mr.
Reimer also requested his employer, Village Pontiac, to apply a
flat 10-percent Federal and flat 2-percent Illinois income tax
rate for payroll purposes. In 1996, Mr. Reimer requested his
employer, Village Pontiac, to apply a flat 5-percent Federal and
flat 1-percent Illinois income tax rate for payroll purposes.
J. Petitioners’ Federal Income Tax Returns and Notice of
Deficiency
Petitioners timely filed their 1993 Federal income tax
return. Petitioners filed and were granted automatic extensions
of time to file their 1994 and 1995 Federal income tax returns.
Their 1994 and 1995 returns were received by respondent on August
21, 1995, and August 23, 1996, respectively. The postmark on the
envelope containing the 1994 return was stamped August 15, 1995.
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