- 2 - Tax Court Rules of Practice and Procedure. The decision to be entered is not reviewable by any other court, and this opinion should not be cited as authority. Petitioner, whose adjusted gross income for 2002 was less than $115,000, claimed a $55,764 charitable contribution deduction on her 2002 Federal income tax return. As a result of the disallowance of that deduction, respondent determined a $14,6491 deficiency in petitioner’s 2002 Federal income tax and imposed a $2,930 accuracy-related penalty pursuant to section 6662(a). The issues in dispute are as follows: (1) Whether petitioner is entitled to a charitable contribution deduction in excess of the amount now allowed by respondent and (2) whether the underpayment of tax required to be shown on petitioner’s 2002 Federal income tax return is due to negligence or intentional disregard of rules or regulations. Background Some of the facts have been stipulated and are so found. At the time the petition was filed, petitioner resided in New York, New York. 1 Dollar amounts are rounded.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011