- 4 -
The computer prints the return in a three-column
"answer sheet" format. It prints line numbers and
dollar amounts * * * only for lines on which you made
an entry. * * * As a result, an 11-page conventional
return requiring forms and schedules can be printed as
a two-page 1040PC return. [Vaksman v. Commissioner,
T.C. Memo. 2001-165, affd. 54 Fed. Appx. 592 (5th Cir.
2002).]
At the time petitioner signed Form 1040PC, Mr. Keitz and the paid
preparer had already signed it.
The return was filed electronically. Petitioner did not
discuss the return with her husband, nor did she question him
about the return.
Mr. Keitz had always told petitioner he would take care of
the taxes. In 1992, when petitioner and her husband legally
separated for the first time, Mr. Keitz memorialized his
intention to pay their tax liabilities. Their 1992 Voluntary
Separation and Property Settlement Agreement states:
The parties agree that they will file a joint income
tax return for the tax year of 1992, and split the
refund accordingly, with regard to both Federal and
State tax requirements. In the event that there is a
tax payment due for either the State or Federal
payment, Husband will pay the entire tax assessment.
Petitioner and her husband separated for the final time in
1997. The parties have stipulated that, pursuant to a 1998
consent order, petitioner received approximately $1,600 per month
from Mr. Keitz for child care and alimony during 1999 and 2000.
According to the 1998 consent order, beginning in May of
1998, Mr. Keitz was ordered to pay petitioner $1,873 per month,
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011