T.C. Memo. 2005-168
UNITED STATES TAX COURT
GLENN S. HODGES, Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 8582-03. Filed July 11, 2005.
P filed no income tax return for 2000, and R
determined a deficiency in tax and additions to tax on
account thereof. P disputes his obligation to file an
income tax return and pay tax on constitutional
grounds, disputes R’s disallowance of basis in various
securities sold by P, and challenges the additions to
tax.
1. Held: P’s claim that he has no obligation to
file a tax return and pay tax is without merit.
2. Held, further, P has failed to prove that his
basis in any of the securities is greater than zero.
3. Held, further, P is liable for an addition to
tax under sec. 6651(a)(1), I.R.C., for failure to file
a return.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011