- 3 - net deficiency after taking into account the May 27, 1996, assessment. The parties subsequently agreed to the $2,931 deficiency, and, on March 13, 1997, the Court entered a decision pursuant to the parties’ stipulated agreement as follows: ORDERED AND DECIDED: That there is a deficiency in income tax due from the petitioners for the taxable year 1993 in the amount of $2,931.00; and That there is no addition to tax due from the petitioners for the taxable year 1993, under the provisions of I.R.C. � 6662(a). On May 19, 1997, respondent assessed the $2,931 deficiency and sent petitioners a notice and demand for $21,164. On June 25, 1999, petitioners filed a third amended return relating to 1993. On September 20, 2000, respondent sent petitioners a Final Notice - Notice of Intent to Levy and Notice of Your Right to a Hearing relating to 1993. On October 17, 2000, petitioners filed Form 12153, Request for Collection Due Process Hearing (hearing request). Section 6330 hearings were held on March 13 and May 1, 2001. On May 15, 2001, petitioners amended their original hearing request. On June 28, 2001, respondent sent petitioners a Notice of Determination Concerning Collection Action(s) Under Section 6320 and/or 6330. On July 31, 2001, petitioners, while residing in Glendale, Arizona, filed their petition with the Court. On August 7, 2001, petitioners filed an amended petition.Page: Previous 1 2 3 4 Next
Last modified: May 25, 2011