- 2 - Rule references are to the Tax Court Rules of Practice and Procedure. The issues for decision are: (1) Whether the income petitioner earned during 1999 is subject to Federal income taxation; and (2) whether the deficiency determined in the statutory notice of deficiency may be increased. Petitioner resided in Fayetteville, North Carolina, on the date the petition was filed in this case. For taxable year 1999, petitioner submitted to the Internal Revenue Service a Form 1040A, U.S. Individual Income Tax Return. On this form, petitioner entered zeroes on the lines provided for the amounts of income, deductions, and taxes due, but he claimed an overpayment of $3,011 from withholding on certain wages he earned. Attached to this form were four Forms W-2, Wage and Tax Statement, reflecting total taxable wages of $32,296. There also was attached one Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. This form reflected a taxable distribution of $13,123. None of this income was reflected on the face of the Form 1040A. Respondent asserts that petitioner also received--in addition to the amounts reflected on the attachments to the Form 1040A--wage income of $1,000 and self-employment income totaling $3,156. Taking into account each of these items of income,Page: Previous 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011