- 6 - does not apply in these cases, and petitioner bears the burden of proof. I. Additional Income for 2000 Petitioner claimed he reported the additional $9,031 ($26,881 earned minus $17,850 reported as wages) of wages from Plastec on his Schedule C attached to his 2000 return. The Schedule C lists petitioner’s business as “Quality Consulting” and reports gross receipts of $3,604. Petitioner also claimed that the $9,031 of additional income reported by Plastec was an error by Plastec. Petitioner’s claims are not credible and are contradicted by the record. Petitioner is deemed to have admitted that Plastec paid him $26,881, and not $17,850, in 2000. The amount of gross receipts listed on the 2000 Schedule C ($3,604) bears no relation to the additional $9,031 of income petitioner earned from Plastec in 2000. Furthermore, petitioner attached a statement to his 2000 return admitting that the amount of income he reported from Plastec was incorrect and that he would need to amend his 2000 return because he had not yet received from Plastec a Form W-2 for 2000. Accordingly, we conclude that petitioner failed to report $9,031 of wages from Plastec in 2000.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
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