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be entered is not reviewable by any other court, and this opinion
should not be cited as authority.
Respondent determined a deficiency in petitioners’ Federal
income tax for the taxable year 2002 in the amount of $5,328.
The deficiency is attributable solely to the alternative minimum
tax (AMT) prescribed by section 55.
The only issue for decision is whether petitioners are
liable for the AMT as determined by respondent in the notice of
deficiency. Regrettably for petitioners, we hold that they are.
Background
Some of the facts have been stipulated, and they are so
found.
At the time that the petition was filed, petitioners resided
in Iowa City, Iowa.
Pursuant to extensions, petitioners timely filed a joint
Form 1040, U.S. Individual Income tax Return, for 2002 using the
cash method of accounting. On their return, petitioners claimed
personal exemptions for themselves and for the disabled brother
of petitioner James A. Wiese; together, the three exemptions
served to decrease petitioners’ taxable income by $9,000. In
addition, petitioners itemized their deductions on Schedule A,
Itemized Deductions. Included on Schedule A were deductions for
the following expenses: (1) Medical and dental expenses (in
excess of 7.5 percent of petitioners’ adjusted gross income) in
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