Deverna v. Comm'r

2004 T.C. Memo. 80, 87 T.C.M. 1139, 2004 Tax Ct. Memo LEXIS 79
CourtUnited States Tax Court
DecidedMarch 22, 2004
DocketNo. 7870-02
StatusUnpublished
Cited by4 cases

This text of 2004 T.C. Memo. 80 (Deverna v. Comm'r) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Deverna v. Comm'r, 2004 T.C. Memo. 80, 87 T.C.M. 1139, 2004 Tax Ct. Memo LEXIS 79 (tax 2004).

Opinion

CHARLES DEVERNA, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Deverna v. Comm'r
No. 7870-02
United States Tax Court
T.C. Memo 2004-80; 2004 Tax Ct. Memo LEXIS 79; 87 T.C.M. (CCH) 1139;
March 22, 2004, Filed

*79 Decision was entered for respondent.

Donald Jay Pols, for petitioner.
Patricia A. Riegger, for respondent.
Cohen, Mary Ann

COHEN

MEMORANDUM FINDINGS OF FACT AND OPINION

COHEN, Judge: The petition in this case was filed in response to a notice of determination denying petitioner's request to abate interest on income tax liabilities for 1982, 1983, and 1984 pursuant to section 6404(e). The issue for decision is whether the failure to abate interest between October 12, 1993, and September or October 1998 was an abuse of discretion.

Unless otherwise indicated, all section references are to the Internal Revenue Code, and all Rule references are to the Tax Court Rules of Practice and Procedure.

             FINDINGS OF FACT

Some of the facts have been stipulated, and the stipulated facts are incorporated in our findings by this reference. Petitioner resided in Garden City, New York, at the time the petition in this case was filed.

During 1982 through 1984, petitioner was an investor in Manhattan Associates, a coal mining partnership. Petitioner's former wife, Barbara Deverna (B. Deverna), filed a joint Federal tax return*80 with petitioner. B. Deverna was granted relief from joint and several liability for the assessments resulting from investments in Manhattan Associates for 1982 through 1984.

Manhattan Associates was a partnership subject to the procedures of the Tax Equity & Fiscal Responsibility Act of 1982, Pub. L. 97-248, 96 Stat. 324 (TEFRA) , provisions found in sections 6221-6233. Robert Brown (Brown) was the tax matters partner (TMP) for Manhattan Associates.

Thirty coal mining partnerships were promoted by Norman Swanton (Swanton) prior to 1982, and 20, including Manhattan Associates, were formed subsequent to the effective date of TEFRA (TEFRA partnerships). Test cases involving pre-TEFRA partnerships were selected for litigation of the Swanton coal programs in the Tax Court. The remaining 20 TEFRA partnerships agreed to be bound by the outcome of the test cases. Matthew D. Lerner (Lerner) of Zapruder & Odell represented 17 of the TEFRA partnerships associated with Swanton, but did not represent Manhattan Associates. Lerner agreed to act for Manhattan Associates in a limited capacity in reviewing and signing decision documents and Forms 906, Closing Agreement on Final Determination Covering*81 Specific Matters.

On May 18, 1984, the Internal Revenue Service (IRS) sent a letter to petitioner to notify him that Manhattan Associates was selected for examination (notice). The notice stated that the IRS was not required to notify partners individually of conferences or other events during the TEFRA proceeding. The notice further stated that the TMP was "responsible for notifying partners of the more important events during the proceeding, but the results of the proceeding generally apply to all partners even if the tax matters partner does not provide that information." The IRS and the TMP were unable to reach a settlement for Manhattan Associates.

On August 3, 1990, the IRS sent to Manhattan Associates and Brown a Notice of Final Partnership Adjustment (FPAA). On August 20, 1990, the IRS sent to petitioner an FPAA. On October 26, 1990, Brown filed a petition in response to the FPAA, and the case was docketed in the Tax Court at docket No. 24099-90.

Settlement Negotiations

In September 1991, while waiting for the decisions of the Court in the earlier test cases, the legal representatives of the 20 TEFRA partnerships reached a basis for settlement with the IRS. The parties*82 agreed to general settlement terms which then had to be applied individually to each of the 20 TEFRA partnerships and then to each limited partner within each partnership. The general basis of settlement, in part, was as follows:

   (a) taxpayers would be entitled to deduct 1/2 of the out of

   pocket cash paid to the partnership in the year the cash was

   paid;

   (b) the Internal Revenue Service agreed to waive any penalties

   asserted in the FPAA; and

   (c) the I.R.C. section 6621(c) rate of interest would apply to

   any deficiency.

The basis of the settlement for all of the TEFRA partnerships was the same. For the IRS to credit nearly 1,000 limited partners in the TEFRA partnerships with the proper settlement, individual computations were necessary first at the partnership level. Each of the TEFRA partnership's tax returns was different from the other partnerships' returns, and each of the limited partner's deductions on their individual tax returns was different. As a result of these differences, each partnership, and then each limited partner, was addressed one at a time.

Before the individual computations*83

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Bluebook (online)
2004 T.C. Memo. 80, 87 T.C.M. 1139, 2004 Tax Ct. Memo LEXIS 79, Counsel Stack Legal Research, https://law.counselstack.com/opinion/deverna-v-commr-tax-2004.