- 6 - December 2, 1996. The IRS received the 1991 return on December 5, 1996. Martinez prepared the 1991 return. On their joint income tax return for 1992 (1992 return), petitioner and intervenor reported the following sources of income and loss: Source Amount of Income (Loss) Taxable interest $290 Dividends 5,041 Net short-term capital gain 6,243 Long-term capital loss carryover (70,107) Other losses (5,381) Universal Painters 252,847 Atrium Homes & Development (40,813) Petitioner and intervenor received the dividends that they reported on the 1992 return from the following sources: “Founders Money Market” and “Bedford Money Market”. Petitioner and intervenor reported taxable income of $184,961 and total tax of $50,089 for 1992. Petitioner and intervenor signed the 1992 return on December 2, 1996. The IRS received the 1992 return on December 5, 1996. Martinez prepared the 1992 return. On their joint income tax return for 1993 (1993 return), petitioner and intervenor reported the following sources of income and loss:Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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