- 2 - Respondent determined a deficiency in petitioner’s Federal income tax in the amount of $660 for taxable year 2000. The issue for decision is whether a portion of the Social Security benefits received by petitioner in 2000 is includable in her gross income. Background Some of the facts have been stipulated, and they are so found. The stipulation of facts and the attached exhibits are incorporated herein by this reference. At the time of filing her petition, petitioner resided in Elkridge, Maryland. During the year in issue, petitioner received Social Security benefits totaling $8,756. Petitioner filed a Form 1040, U.S. Individual Income Tax Return, for the 2000 taxable year. She reflected her filing status as “single” and reported adjusted gross income of $29,278. This amount did not, however, include any of the $8,756 of Social Security benefits that petitioner received during the 2000 taxable year. Respondent contends that a portion of the Social Security benefits petitioner received in 2000 is includable as gross income under section 86. Petitioner contends otherwise, claiming that taxing Social Security benefits is unfair and amounts to double taxation.Page: Previous 1 2 3 4 5 Next
Last modified: May 25, 2011