- 10 - As reflected in Form 4340 with respect to petitioner’s taxable year 1987, respondent made the following assessments and credited and debited petitioner’s account as follows: Assessment, Payment, Assessment Explanation of Other Debits Credit Date (23C, Date Transaction (Reversal) (Reversal) RAC 006) Adjusted gross income 38,849.00 Taxable income 22,013.00 12-06-93 Return filed and tax $3,911.00 01-03-94 assessed 89221-338-08708-3 199351 04-15-88 Extension of time to file ext. date 08-15-88 Late filing penalty 879.98 01-03-94 199351 Failure to pay tax penalty 977.75 01-03-94 199351 Interest assessed 199351 3,475.41 01-03-94 08-08-94 Federal tax lien 05-22-96 Collection statute extension to 12-31-08 06-01-97 Overpaid credit applied $270.78 1040 198412 06-01-97 Overpaid credit applied 880.46 1040 198412 03-23-98 Interest overpayment 7.98 credit 1040 198412 06-01-97 Overpaid credit reversed 1040 198412 (270.78) 06-01-97 Overpaid credit reversed 1040 198412 (880.46) 06-01-97 Overpaid credit applied 151.24 1040 198412 10-17-98 Overpaid credit applied 448.28 1040 199712 03-12-99 Legal/bankruptcy suit pending 08-21-89 Taxpayer delinquency notice 01-24-94 Statutory notice of intent to levy 01-03-94 Statutory notice of balance due Balance $8,636.64 As reflected in Form 4340 with respect to petitioner’s taxable year 1990, respondent made the following assessments andPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011