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me by Nationwide Insurance Company. Pursuant to a
court order dated May 9, 1994, Nationwide Insurance
Company was directed to pay directly to the trustee all
money owed me from my Agents’ Security Compensation
Plan and Deferred Incentive Credits Plan [.] Monthly
payments from Nationwide went directly to the trustee
from 1994 through 1998 for disbursement by the trustee
under the bankruptcy. All taxes owed should have been
paid by the Trustee. The trustee’s final report shows
that $69,336.26 was paid to the IRS for taxes. Thus,
the amounts you are showing as overdue should be a part
of this $69,336.26.
I have attempted to correct this matter many times
in the past few years. I have received a “Closing
Letter” dated April 3, 1998, indicating that all l996
taxes have been paid (copy enclosed) and do not
understand why I continue to receive notices that I
still owe unpaid taxes for that year.
Appeals Officer Sansbury reviewed IDRS transcripts of
petitioner’s account for 1990-96 and determined that $69,234 had
been credited to petitioner’s account for 1990-94. The 1990-94
transcripts confirm the payment of $69,234 under the transaction
code 670, accompanied, in all but one case, by the description
“subsequent payment undesignated bankruptcy” and accompanied, in
that one case, by the description “subsequent payment”. No
payments by the trustee are reflected in the transcript of
petitioner’s account for 1996. In fact, the only payment
reflected in the transcript for 1996 is $2,726 for withheld
taxes. The Form 4340, Certificate of Assessments and Payments,
for 1996 also reflects that there was no payment for that year
other than a credit for $2,726 of withheld taxes.
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Last modified: May 25, 2011