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for decision is whether petitioners are liable for the deficiency
due to the alternative minimum tax provided by section 55. We
hold that they are.
Background
Some of the facts have been stipulated and are so found.
The stipulation of facts and the attached exhibits are
incorporated herein by this reference. At the time the petition
was filed, petitioners resided in Mount Laurel, New Jersey.
Petitioners timely filed their 2002 Federal income tax
return but failed to attach Form 6251, Alternative Minimum Tax -
Individuals, to their return. On March 31, 2004, at respondent’s
request, petitioners submitted Form 6251 on which they calculated
the amount of alternative minimum tax due for the 2002 taxable
year. Upon review of petitioners’ Form 6251, respondent
discovered several mathematical errors. After these errors were
corrected, respondent in the notice of deficiency determined that
the correct amount of alternative minimum tax due from
petitioners is $1,983.
The parties agree that errors were made on the Form 6251
submitted by petitioners and that respondent’s computation of the
amount of alternative tax due from the petitioners for the 2002
taxable year is correct. Petitioners nonetheless dispute the
amount of the deficiency and state in their petition that they
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