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estimated tax payments. Section 6654(a) provides for an addition
to tax where a taxpayer underpays estimated tax. Respondent’s
certified transcript of account establishes that petitioner made
no estimated tax payments during 2000, and none of the statutory
exceptions under section 6654(e) applies. We therefore find that
petitioner is liable for the addition to tax under section
6654(a) for underpaying estimated tax in 2000.
To reflect the foregoing regarding the deficiency, additions
to tax, and respondent’s concession,
Decision will be entered
for respondent.
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Last modified: May 25, 2011