Garrity v. Comm'r

2008 T.C. Memo. 163, 95 T.C.M. 1632, 2008 Tax Ct. Memo LEXIS 164
CourtUnited States Tax Court
DecidedJune 30, 2008
DocketNo. 16379-03
StatusUnpublished

This text of 2008 T.C. Memo. 163 (Garrity 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
Garrity v. Comm'r, 2008 T.C. Memo. 163, 95 T.C.M. 1632, 2008 Tax Ct. Memo LEXIS 164 (tax 2008).

Opinion

DAWN ERICA GARRITY, Petitioner, AND WILLIAM J. GARRITY, Intervenor v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Garrity v. Comm'r
No. 16379-03
United States Tax Court
T.C. Memo 2008-163; 2008 Tax Ct. Memo LEXIS 164; 95 T.C.M. (CCH) 1632;
June 30, 2008, Filed
*164
William J. Garrity, Pro se.
Luanne S. Di Mauro, for respondent.
Thornton, Michael B.

MICHAEL B. THORNTON

MEMORANDUM OPINION

THORNTON, Judge: On October 31, 2005, the Court entered a decision in this case pursuant to the parties' stipulation. On November 1, 2006, after the decision had become final, petitioner and intervenor filed a motion under section 7481(c) and Rule 261 to redetermine interest. 1 As discussed below, we hold that petitioner and intervenor have failed to satisfy the jurisdictional prerequisites under section 7481(c).

Background

Petitioner and her husband William Joseph Garrity filed joint Federal income tax returns for 1990, 1991, and 1992.2 On June 23, 2003, respondent issued two separate but identical notices of deficiency to petitioner and Mr. Garrity, determining income tax deficiencies of $ 111,947, $ 100,289, and $ 48,848 for 1990, 1991, and 1992, respectively, and imposing the section 6663(a) fraud penalty with respect to each year. Petitioner and Mr. Garrity separately petitioned this *165 Court; Mr. Garrity's case was assigned docket No. 16115-03. Mr. Garrity (sometimes referred to herein as intervenor) also filed a notice of intervention in the instant case. The parties reached settlements in both cases. Pursuant to the parties' agreements, on October 31, 2005, this Court entered decisions in the instant case and in docket No. 16115-03. Pursuant to the decision in the instant case, petitioner has no deficiency for 1990 or 1991 but has a $ 48,848 deficiency for 1992; she is not liable for any fraud penalty; and for 1992 she is not entitled to relief from joint and several liability pursuant to section 6015. The decision document reflects the parties' agreement as follows:

It is hereby stipulated that the Court may enter the foregoing decision in this case.

It is further stipulated that there is an advance payment for the taxable year 1992 in the amount of $ 50,000.00 It is stipulated that the deficiency for the taxable year 1992 has been computed without considering the advance payment in the amount of $ 50,000.00.

It is further stipulated that interest will be assessed as provided by law on the deficiency due from petitioner.

It is further stipulated that, effective upon *166 the entry of this decision by the Court, petitioner waives the restrictions contained in I.R.C. section 6213(a) prohibiting assessment and collection of the deficiency (plus statutory interest) until the decision of the Tax Court becomes final.

It is further stipulated that the aforesaid deficiency, plus interest as provided by law, is a duplication of the deficiency set forth in the case of William Joseph Garrity v. Commissioner, Docket No. 16115-03, in which case a decision document is concurrently being filed with the United States Tax Court.

It is further stipulated that the payment of the entire amount of the deficiency in the amount of $ 48,848.00, plus interest as provided by law, by the other party jointly liable therefore,[sic] will discharge the instant petitioner from liability.

Pursuant to the decision at docket No. 16115-03, Mr. Garrity has deficiencies of $ 97,953, $ 100,289, and $ 48,848 for 1990, 1991, and 1992, respectively; and he is liable for the section 6663(a) fraud penalty for 1991 and 1992 in the amounts of $ 75,216.75 and $ 36,636, respectively. The decision document reflects the *167 parties' agreement, which is substantially identical to the agreement reflected in the decision document in the instant case, except that it does not include the final two paragraphs quoted supra.

On January 4, 2006, respondent assessed petitioner's and Mr. Garrity's $ 48,848 deficiency in their 1992 joint account and assessed $ 54,004.38 of interest due on the deficiency. Consistent with the parties' agreement as reflected in the decision documents, respondent credited petitioner's and Mr. Garrity's 1992 joint account with a $ 50,000 advance payment as of April 10, 2000. In addition, on February 21, 2006, respondent credited petitioner's and Mr. Garrity's 1992 joint account with a $ 915 subsequent payment.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Med James, Inc. v. Comm'r
121 T.C. No. 9 (U.S. Tax Court, 2003)
Seligman v. Commissioner
84 T.C. No. 15 (U.S. Tax Court, 1985)
Sundstrand Corp. v. Commissioner
96 T.C. No. 12 (U.S. Tax Court, 1991)

Cite This Page — Counsel Stack

Bluebook (online)
2008 T.C. Memo. 163, 95 T.C.M. 1632, 2008 Tax Ct. Memo LEXIS 164, Counsel Stack Legal Research, https://law.counselstack.com/opinion/garrity-v-commr-tax-2008.