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shall not be treated as precedent for any other case. Unless
otherwise indicated, section references are to the Internal
Revenue Code in effect for the year in issue.
Respondent determined a deficiency in petitioner’s 2003
Federal income tax in the amount of $4,176. The issue for
decision is whether petitioner is liable for the alternative
minimum tax (AMT) for the 2003 taxable year.
Background
Some of the facts have been stipulated and are so found.
The stipulation of facts and related exhibits are incorporated
herein by this reference.
At the time the petition was filed, petitioner resided in
New York, New York.
Petitioner timely filed a 2003 Form 1040, U.S. Individual
Income Tax Return, for the year ended December 31, 2003. The
return was prepared by Allen Lokensky, a public accountant. On
the return petitioner indicated his status as head of household
and claimed his parents as dependents. In 2003, petitioner
worked as a licensed practical nurse for St. Mary’s Center, Inc.,
and De Sales Assisted Living. He reported $121,309 in Form W-2,
Wage and Tax Statement, wages on his return.
Petitioner deducted $35,017 of itemized deductions for 2003.
On Schedule A, Itemized Deductions, petitioner claimed: $6,450 of
medical and dental expenses, $10,298 of State and local income
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