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MEMORANDUM FINDINGS OF FACT AND OPINION
WHERRY, Judge: Respondent determined a Federal income tax
deficiency for petitioner’s 2003 taxable year in the amount of
$5,185. The issues for decision are:
(1) Whether petitioner is entitled to dependency exemption
deductions for KGT and/or JTW;1
(2) whether petitioner is entitled to an earned income
credit; and
(3) whether petitioner is entitled to a child tax credit and
an additional child tax credit.2
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
The stipulations of the parties, with accompanying exhibits, are
incorporated herein by this reference. At the time this petition
was filed, petitioner resided in Denver, Colorado.
Petitioner filed his Federal tax return for 2003 on February
23, 2004. On his return, petitioner claimed dependency
exemptions for KGT and JTW, an earned income credit in the amount
of $3,584, a child tax credit in the amount of $279, and an
additional child tax credit in the amount of $620. Respondent
1 The Court uses only the initials of the minor children.
2 The additional child tax “credit is for certain
individuals who receive less than the full amount of the child
tax credit”. See IRS Pub. 972, Child Tax Credit (2003).
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Last modified: May 25, 2011