Raymond and Cynthia Turner-Simmons - Page 3

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          Petitioner wife wrote the following on the signature page of the            
          Form 4549-CG:                                                               
               Upon receipt of this letter, I spoke with Mrs.                         
               Dillard on January 31, 199[ ] [illegible].  She                        
               explained and was very helpful in pointing out the                     
               additional taxes.  We do not dispute the amount                        
               and are presently in an installment agreement with                     
               the IRS and will continue to make monthly payments                     
               to pay off the amount in full.  Thank you.                             
               Respondent computes that petitioners have a remaining,                 
          unpaid income tax liability for 1995 of $2,995.07 (the                      
          remaining liability).2  On December 20, 2001, respondent                    
          issued to petitioners a notice of intent to levy and of                     
          petitioners’ right to a hearing under section 6330.                         
          Petitioners requested a hearing under section 6330, and,                    
          pursuant to the request, petitioner wife met with Appeals                   
          Officer Murphy on January 6 and 14, 2003 (the section 6330                  
          hearing).  At the section 6330 hearing, petitioners did not                 

               2  That amount is respondent’s computation of the remaining            
          liability as of approximately the time of trial.  Respondent                
          computes that amount as follows:                                            
               1995 Return              Liability      Payment                        
               Return as filed     $ 4,901.00          --                             
               Withholding              --             $2,422.17                      
               Estimated tax penalty    120.63         --                             
               Failure to pay penalty   12.39          --                             
               Interest                 15.22          --                             
               Form 4549-CG             5,282.00       --                             
               Payments                 --             4,914.00                       
                                   $10,331.24          $7,336.17                      
               Remaining liability     $ 2,995.07      --                             






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