- 4 - C. Respondent’s Examination Petitioner did not file Federal income tax returns for 1996- 98. Respondent began the examination of petitioner’s 1996-98 tax years after July 22, 1998. On April 6, 2001, respondent mailed notices of deficiency to petitioner in which respondent determined deficiencies and additions to tax for petitioner’s 1996-98 tax years. Respondent’s determination was based on information returns received from third-parties reporting that the following payments had been made to petitioner during the years in issue: 1996 Amount Payor Description $39,000 Zelesky, Cornelius, Real estate sales Hallmark, Roper 26 Zelesky, Cornelius, Buyer real estate Hallmark, Roper tax 1 Everen Clearing Corp. Stocks/bonds sales 4 Everen Clearing Corp. Stocks/bonds sales 22,769 Regional Operations Stocks/bonds sales Group 24,803 Regional Operations Stocks/bonds sales Group 8 Income Fund of Dividends America 8,214 Regional Operations Capital gains Group 10,097 Regional Operations Dividends GroupPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011