- 3 -
Lanham, Maryland, on the date the petition was filed in this
case.
In taxable year 2000, petitioner received $3,146 in survivor
annuity payments from the “General Retirement Plan for Employees
of Potomac Electric Power Company”. The financial institution
distributing the annuity payments, The Equitable Benefits Payment
Services, issued a Form 1099-R, Distributions From Pensions,
Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance
Contracts, Etc., to petitioner with respect to the annuity
payments. The Form 1099-R reported $3,146 in fully taxable
benefits paid to petitioner during the 2000 tax year. In
addition, the Form 1099-R reported no employee contributions.
Petitioner’s spouse did not make any contributions to the plan.
Furthermore, the “General Retirement Plan for Employees of
Potomac Electric Power Company” states that employee
contributions to the plan are not allowed.
Also during taxable year 2000, petitioner received IRA
distributions from Educational Systems Employees Credit Union
totaling $11,400. Educational Systems Employees Credit Union
issued to petitioner a Form 1099-R with respect to the IRA
distributions. The Form 1099-R reported $11,400 in fully taxable
distributions dispensed to petitioner during the 2000 tax year.
Petitioner filed a Form 1040, U.S. Individual Income Tax
Return, for the 2000 taxable year. In the 2000 return,
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011