Fred Allnutt - Page 4

                                        - 4 -                                         
          claim upon which relief could be granted.  Id.  We also (1)                 
          deemed admitted undenied allegations of fact and granted the                
          Commissioner’s motion for summary judgment relating to                      
          petitioner’s liability for the fraud penalty; (2) held that                 
          petitioner had taxable income of $433,059 for 1981, $409,575 for            
          1982, $386,090 for 1983, $342,223 for 1984, $298,355 for 1985,              
          and $1,913,176 for 1986; (3) sustained additions to tax under               
          section 6654 for failure to pay estimated tax; and (4) imposed a            
          penalty under section 6673 for instituting the proceeding                   
          primarily for delay and for maintaining frivolous positions.  Id.           
               Petitioner attempted to relitigate his 1981-86 tax liability           
          in a bankruptcy case.  Allnut v. Friedman,1 Bankruptcy No. 92-5-            
          7401-JS (D. Md., Jan. 20, 1995).  In Allnut v. Friedman, supra,             
          the District Court said that petitioner’s liability for tax years           
          1981-86 had been fully adjudicated before he filed the bankruptcy           
          petition and held that he was barred by res judicata under 11               
          U.S.C. section 505(a)(2)(A)2 from relitigating his 1981-86 tax              


               1 The caption of that case spells petitioner’s name with               
          only one “t”.                                                               
               2 11 U.S.C. sec. 505(a)(2)(A) (2000) provides:                         
               505. Determination of tax liability                                    
                    (a)(1) Except as provided in paragraph (2) of this                
               subsection, the court may determine the amount or                      
               legality of any tax, any fine or penalty relating to a                 
               tax, or any addition to tax, whether or not previously                 
               assessed, whether or not paid, and whether or not                      
                                                             (continued...)           




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