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After the 2001 return had been prepared by petitioners’
income tax return preparer, petitioners did not compare the
$7,891 of wages reported on the return with the total “year-to-
date” wages reported on the final pay stub for 2001 from Autocar.
B. Petitioners’ Other Income
In 2001, Mr. McKee also received wages in the amount of
$6,921 from Cypress Home Loan Corporation of Roseville,
California. Petitioners properly reported these wages on their
2001 return.
In 2001, petitioner Anita L. McKee received wages in the
amount of $33,316 from Roseville Joint United High School.
Petitioners properly reported these wages on their 2001 return.
In 2001, petitioners received interest income in the amount
of $2,126. Petitioners properly reported this income on their
2001 return.
Finally, in 2001, Mr. McKee received taxable distributions
from retirement plans in the aggregate amount of $17,783.
Petitioners properly reported these distributions on their 2001
return.
C. Petitioners’ Reported Tax Liability
On their 2001 return, petitioners reported income tax in the
amount of $7,122.
D. Respondent’s Notice of Deficiency
Respondent determined a deficiency in petitioners’ income
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Last modified: May 25, 2011