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891.027 shares of Fidelity SECS Growth & Income Fund for
$42,724.74.
Petitioner received a Form 1099-B, Proceeds From Broker and
Barter Exchange Transactions, for 2000 which states that
petitioner sold his shares of the Fidelity Magellan Fund and the
Fidelity SECS Growth & Income Fund on July 19, 2000. On a date
not stated in the record, petitioner discussed with his broker,
William Dunstan (Dunstan), whether the sale of his shares of the
two Fidelity funds was taxable. The record does not indicate
what Dunstan said.
C. Petitioner’s Returns
Petitioner prepared draft Federal income tax returns for
1999 and 2000. He used TurboTax software to prepare a draft 2000
return. Petitioner did not file Federal income tax returns for
1997, 1998, 1999, or 2000.
D. Proceedings in This Court
On April 22, 2004, we sent a notice to petitioner setting
this case for trial. The notice states:
The parties are hereby notified that the above-
entitled case is set for trial at the Trial Session
beginning on September 27, 2004.
The calendar for that Session will be called at
10:00 A.M. on that date and both parties are expected
to be present at that time and be prepared to try the
case. * * *
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