James J. Milner and Marilyn R. Milner - Page 1

                                 T.C. Memo. 2004-111                                  

                               UNITED STATES TAX COURT                                

                JAMES J. MILNER AND MARILYN R. MILNER, Petitioners v.                 
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      

               Docket No. 5504-03.             Filed May 4, 2004.                     

               James J. Milner, pro se.                                               
               Kelley Blaine, for respondent.                                         

                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               SWIFT, Judge:  Respondent determined an additional tax under           
          section 72(t) in the amount of $5,555 relating to petitioners’              
          1999 Federal income tax liability.                                          
               The issue for decision is whether petitioners are subject to           
          the 10-percent additional tax under section 72(t) with respect to           
          a $55,555 distribution from a qualified retirement plan.                    

Page:   1  2  3  4  5  6  Next

Last modified: May 25, 2011