- 2 - reviewable by any other court, and this opinion should not be cited as authority. Respondent determined a $3,026 deficiency in petitioner’s 2000 Federal income tax. Petitioner has conceded the correctness of the adjustments that give rise to the deficiency. The dispute between the parties focuses on petitioner’s entitlement to deductions not claimed on her original return. The issues for decision are: (1) Whether petitioner is entitled to various itemized and business expense deductions shown on an amended return not processed by respondent (the unprocessed amended return); (2) whether respondent may claim an increased deficiency based upon income reported on a Schedule C included with the unprocessed amended return; and (3) whether respondent may now assert a section 6662(a) accuracy-related penalty based upon petitioner’s failure to keep records to substantiate deductions claimed on the unprocessed amended return. Background Some of the facts have been stipulated and are so found. At the time the petition was filed, petitioner resided in Brooklyn, New York. During the year in issue, petitioner: (1) Was employed by the City of New York and earned wages totaling $23,646.39, evidenced by the issuance of a Form W-2, Wage and Tax Statement,Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011