- 3 - 1995. Petitioner and intervenor jointly filed U.S. Individual Income Tax Returns, Forms 1040, for 1989 and 1990. Attached to the 1989 joint tax return is a Schedule C, Profit or Loss From Business. The Schedule C lists the name of the proprietor as Fred L. Nubin and the name of the business as Fred Nubin Building Maintenance. Attached to the 1989 joint tax return is a Schedule SE, Social Security Self-Employment Tax. This Schedule SE lists the name of the person with self- employment income as Fred L. Nubin. No notices of deficiencies were issued by respondent. On May 21, 1993, Steven A. Kovary, a representative of petitioner and intervenor, executed a consent to assessment and collection on behalf of both of them for 1989 and 1990. Petitioner and Intervenor stipulated that they do not dispute the assessed tax liabilities and additions to tax with respect to the 1989 and 1990 taxable years. A large part of the liabilities was attributable to omissions of $28,408 and $23,420 of gross receipts on the Schedules C attached to the 1989 and 1990 returns, respectively. Respondent also made some minor adjustments in both years. Neither petitioner nor intervenor made any voluntary payments to the Commissioner with respect to their joint income tax liabilities for 1989 and 1990. Petitioner’s income taxPage: Previous 1 2 3 4 5 6 Next
Last modified: May 25, 2011