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(1) Petitioner received Social Security payments of $10,758
and $12,180 in 2000 and 2001, respectively;
(2) petitioner received the proceeds of stock and bond sales
totaling $490,268 and $234,728 in 2000 and 2001, respectively;
(3) petitioner did not submit to respondent information
regarding the cost of the stocks and bonds sold in 2000 and 2001;
(4) petitioner received payments from an IRA or other
retirement plan of $13,933 in 2000 and 2001;
(5) petitioner received dividends on stock of $188 and $29
in 2000 and 2001, respectively;
(6) petitioner earned interest of $17,228 and $28,296 in
2000 and 2001, respectively;
(7) petitioner failed to file Federal income tax returns for
2000 and 2001; and
(8) petitioner did not make the required payments of
estimated taxes for 2000 or 2001, through withheld taxes or
otherwise.
Respondent then filed a motion for summary judgment on
September 26, 2005. Petitioner did not file timely a response to
respondent’s motion. However, on October 25, 2005, petitioner
filed a motion to withdraw deemed admissions, lodged petitioner’s
responses to respondent’s requests for admission, and filed a
Rule 50(c) statement in response to respondent’s motion for
summary judgment. Petitioner’s motion to withdraw deemed
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Last modified: May 25, 2011