- 3 - her probation, petitioner was ordered to pay $250,000 toward her outstanding 1992 through 1995 Federal income taxes, penalties, and interest. On her 1997 through 2001 individual Federal income tax returns, which she late filed on November 7, 2002, and on her timely filed 2002 individual Federal income tax return, petitioner reported a cumulative total tax liability of approximately $1 million. Petitioner made no payments to respondent with her filed tax returns, nor had petitioner made any payments via withholding or estimates. Respondent did not audit and did not otherwise dispute petitioner’s 1997 through 2002 Federal income taxes as reported by petitioner on her tax returns.2 For 2003 and 2004, petitioner apparently has timely filed her individual Federal income tax returns, and for purposes of this collection action respondent has not questioned the tax liabilities and tax payments reported thereon. On September 23, 2003, respondent filed a Federal tax lien against petitioner relating to petitioner’s assessed and unpaid 1997 through 2002 cumulative total tax liability of approximately $1 million, and on September 26, 2003, respondent mailed to 2 Information relating to petitioner’s 1996 individual Federal income tax return is not in the record.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011