- 3 - 1996 and 1997. Subject to respondent’s concessions and adjustments, we hold that she did. (4) Whether petitioner is entitled to a dependency exemption for Carl Collins for 1998. We hold that she is not. (5) Whether petitioner is liable for accuracy-related penalties under section 6662(a) for 1996 and 1997. We hold that she is to the extent provided herein. Adjustments relating to petitioner’s itemized deductions for the taxable years at issue, self-employment taxes for 1996 and 1997, the earned income credit for 1996 and 1997, and the child tax credit for 1998 are purely perfunctory matters, the resolution of which is dependent on our disposition of the issues above. Background Some of the facts have been stipulated, and they are so found. Petitioner resided in Ocala, Florida, at the time that her petition was filed with the Court. During the taxable years at issue, petitioner was employed on a full-time basis as a paralegal. Petitioner received wages from employment in the amounts of $43,454, $46,277, and $42,443 during 1996, 1997, and 1998, respectively.3 Petitioner has two children. In addition to her own children, petitioner helped raise Carl Collins, the child of a 3 All amounts are rounded to the nearest dollar.Page: 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