- 2 -
the year in issue, and all Rule references are to the Tax Court
Rules of Practice and Procedure.
Respondent determined a deficiency of $2,598 in petitioner’s
2003 Federal income tax and an accuracy-related penalty of
$519.60 under section 6662. After concessions,1 the issues for
decision are: (1) Whether petitioner is entitled to dependency
exemption deductions for his two minor children, (2) whether
petitioner is entitled to head of household filing status, (3)
whether petitioner is entitled to the earned income credit, (4)
whether petitioner is entitled to the additional child tax
credit, and (5) whether petitioner is liable for the accuracy-
related penalty under section 6662.
Background
The stipulation of facts and the attached exhibits are
incorporated herein by reference. At the time the petition was
filed, petitioner resided in Kenosha, Wisconsin.
Petitioner is self-employed as a general contractor.
Petitioner runs a small contracting business under the name “The
Untouchables”. Petitioner has two children: A.O.N. and A.V.N.2
1 At trial, respondent conceded that there was no wage
income of $2,430 or scholarship or grant income of $961 received
by petitioner, as determined in the notice of deficiency.
Respondent also conceded that petitioner was engaged in a trade
or business and therefore, was entitled to a $15,000 loss
reported on his Schedule C, Profit or Loss From Business.
2 The Court uses initials when referring to minor children.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: March 27, 2008