- 6 - an estate planning class at Nova Southeastern University for which he was compensated. Mr. Wright also received compensation from Security Mutual Life Insurance Company in 1999 and 2000, although it is unclear what services he performed. B. Filing of Federal Tax Returns 1. Petitioners’ Joint Returns Petitioners requested an extension of time to August 15, 2000, to file their joint 1999 Form 1040 Federal income tax return. On their request for an extension, petitioners estimated their tax liability to be zero and remitted no payment. Petitioners mailed their 1999 return on November 21, 2001, and respondent received it on November 23, 2001. Petitioners requested an extension of time to August 15, 2001, to file their joint 2000 Form 1040 Federal income tax return, and subsequently requested a further extension to October 15, 2001. On their first request for an extension, petitioners left the line for the estimate of their tax liability blank and remitted no payment. Respondent approved petitioners’ second request. Respondent received petitioners’ 2000 return on December 3, 2001. Petitioners requested an extension of time to August 15, 2002, to file their joint 2001 Form 1040 Federal income tax 5(...continued) client of Consultation & Mediation or a personal client of Mr. Wright.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011