Howard J. Kaplan and Brenda L. Kaplan, et al. - Page 2

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          1999 the following deficiency in, and accuracy-related penalty              
          under section 6662(a)2 on, the Federal income tax (tax) of peti-            
          tioners in each of these consolidated cases:                                
                                                         Accuracy-Related             
                    Petitioners            Deficiency    Penalty                      
          Howard J. Kaplan and              $252,728          $91,714                 
          Brenda L. Kaplan                                                            
              Matthew B. Marceron and     18,169              6,839                   
                Sherry R. Marceron                                                    
          Dean A. Caldwell and              137,931          49,736                   
          Cathy M. Caldwell                                                           
               The issues remaining for decision are:                                 
               (1)  Are petitioners in each of these cases entitled for               
          1999 to a deduction under section 170(a) for a claimed noncash              
          charitable contribution?  We hold that they are not.                        
               (2)  Are petitioners in each of these cases liable for 1999            
          for the accuracy-related penalty under section 6662(a)?  We hold            
          that they are.                                                              
                                  FINDINGS OF FACT                                    
               Some of the facts have been stipulated and are so found.               
               At the time they filed their respective petitions, Howard J.           
          Kaplan (Mr. Kaplan) and Brenda L. Kaplan (Ms. Kaplan) resided in            
          Winston-Salem, North Carolina, Matthew B. Marceron (Mr. Marceron)           
          and Sherry R. Marceron (Ms. Marceron) resided in Clemmons, North            
          Carolina, and Dean A. Caldwell (Mr. Caldwell) and Cathy M.                  

               2All section references are to the Internal Revenue Code in            
          effect for the year at issue.  All Rule references are to the Tax           
          Court Rules of Practice and Procedure.                                      





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