- 26 - We conclude that the underpayment generated by petitioner’s erroneous items is $581 and the penalty allocated to petitioner is $116 ($581 x 0.20). D. Conclusion We hold that pursuant to section 6015(c) petitioner remains jointly and severally liable for $2,745 of the deficiency and $116 of the accuracy-related penalty under section 6662. In accordance with the above, An appropriate decision will be entered.Page: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Last modified: May 25, 2011