- 2 - Petitioner resided in Dubuque, Iowa (Dubuque), at the time he filed the petition in this case. On April 2, 2003, petitioner filed a Federal income tax (income tax) return for his taxable year 2001 (2001 income tax return). In his 2001 income tax return, petitioner showed income tax due of $6,036, which he did not pay when he filed that return. At a time not disclosed by the record, respondent determined that petitioner made a mathematical error in his 2001 income tax return. Respondent corrected that mathematical error, which resulted in a reduction of the income tax due of $6,036 shown in that return. The correct amount of income tax that petitioner should have shown due in that return is $5,736. On May 12, 2003, respondent assessed the correct amount of income tax due of $5,736 that petitioner should have shown in his 2001 income tax return, additions to tax under section 6651(a)(1)1 and (2) of $1,290.60 and $372.84, respectively, and interest as provided by law.2 (We shall refer to any such unpaid assessed amounts with respect to petitioner’s taxable year 2001, as well as interest provided by law accrued after May 12, 2003, 1All section references are to the Internal Revenue Code in effect at all relevant times. All Rule references are to the Tax Court Rules of Practice and Procedure. 2Respondent credited respective refunds of $661.06 and $109.45 due to petitioner from certain other taxable years against the liability for petitioner’s taxable year 2001.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 NextLast modified: November 10, 2007