- 7 -
be shown on petitioners’ 2002 return is a substantial
understatement of income tax. Considering the foregoing, the
understatement will be far less than the amount required for the
imposition of the penalty. See sec. 6662(d). Respondent’s
imposition of the section 6662(a) accuracy-related penalty is
rejected.
To reflect the foregoing,
Decision will be entered
under Rule 155.
Page: Previous 1 2 3 4 5 6 7 8
Last modified: March 27, 2008