- 2 - for decision is whether a penalty should be imposed on petitioner under section 6673. Background The parties have stipulated some facts, which we incorporate herein. When he filed his petition, petitioner resided in Saint Marys, Kansas. Until his retirement in 2001, petitioner was employed by the U.S. Department of Education. The parties have stipulated that during 2001 petitioner received the following payments: “pension/annuity payments” of $23,988 from the U.S. Office of Personnel Management; “medical payments” from Monumental Life Insurance Company of $2,009; and Social Security payments of $2,148. On his 2001 Form 1040, U.S. Individual Income Tax Return, petitioner reported zero gross income and claimed a $2,278 refund. Attached to his Form 1040 was a Statement of Annuity Paid from the Office of Personnel Management, reporting $23,988 gross annuity payments to petitioner in 2001 and zero Federal income tax withheld. Also attached to petitioner’s Form 1040 was Form 4852, Substitute for Form W-2, Wage and Tax Statement, or Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, Etc., on which petitioner claimed $2,278 of Federal income tax withheld by the Office of Personnel Management, for which petitioner claimed aPage: Previous 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011