Haines v. Commissioner

1987 T.C. Memo. 34, 52 T.C.M. 1415, 1987 Tax Ct. Memo LEXIS 34
CourtUnited States Tax Court
DecidedJanuary 15, 1987
DocketDocket No. 4632-84.
StatusUnpublished

This text of 1987 T.C. Memo. 34 (Haines v. Commissioner) 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
Haines v. Commissioner, 1987 T.C. Memo. 34, 52 T.C.M. 1415, 1987 Tax Ct. Memo LEXIS 34 (tax 1987).

Opinion

MARK S. HAINES AND LYNNE W. HAINES, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Haines v. Commissioner
Docket No. 4632-84.
United States Tax Court
T.C. Memo 1987-34; 1987 Tax Ct. Memo LEXIS 34; 52 T.C.M. (CCH) 1415; T.C.M. (RIA) 87034;
January 15, 1987.
*34

Respondent determined deficiencies and an addition to tax for fraud for each of the taxable years in issue, based upon unreported income, unreported capital gains, and disallowances of claimed deductions.

Held, petitioner-husband has failed to establish that he reported all of his income for each year, or that the unreported payments he received constitute either amounts that he paid to another person or that he received in the form of loans. Held further, petitioner has failed to establish that the determined unreported capital gains are inaccurate or that he is entitled to deduct the disallowed amounts claimed.

Held further, respondent has established that petitioners are liable for an addition to tax for fraud under sec. 6653(b), I.R.C. 1954, for each year in issue.

Held further, the statute of limitations does not bar the assessment or collection of tax due for any year in issue under sec. 6501(c)(1).

Robert J. Hipple, for the petitioner.
Stephen R. Klorfein, for the respondent.

STERRETT

MEMORANDUM FINDINGS OF FACT AND OPINION

STERRETT, Chief Judge: Respondent determined by notice of deficiency dated November 23, 1983 deficiencies and an addition to tax for fraud under section 6653(b)*35 1 in the Federal income taxes of petitioners Mark S. Haines and Lynne W. Haines for the taxable years ended December 31, 1972 through December 31, 1974, as follows:

Addition to Tax Under
YearDeficiencySec. 6653(b)
1972$29,132.83$14,566.42
197329,989.0014,994.50
197422,489.002 11,244.50

In the notice of deficiency, respondent determined said deficiencies and addition to tax against both petitioners but also determined that, in accordance with section 6013(e), petitioner Lynne W. Haines' liability was limited to deficiencies in the amounts of $1,335 and $851, for the 1973 and 1974 taxable years, respectively, and that she was not liable for the determined addition to tax for any year.

After concessions, the issues for decision are: (1) whether respondent has properly determined deficiencies in petitioners' Federal income tax for each of the taxable *36 years in issue, (2) whether respondent has properly determined an addition to tax for fraud under section 6653(b), and (3) whether the statute of limitations bars the assessment and collection of any such determined deficiencies or addition to tax.

FINDINGS OF FACT

Some of the facts have been stipulated and are so found. The stipulated facts and exhibits attached thereto are incorporated herein by this reference.

During all of the taxable years in issue, petitioners Mark S. Haines and Lynne W. Haines were husband and wife and filed joint Federal income tax returns with the Internal Revenue Service Center in Chamblee, Georgia. Their returns were prepared by certified public accounting firms from information supplied by petitioners.

Petitioners were divorced in 1975. At the time of filing their petition in this case, petitioner Mark S. Haines resided in Del Mar, California and petitioner Lynne W. Haines resided in Palo Alto, California. Hereinafter the term "petitioner" used in the singular shall refer to petitioner Mark S. Haines.

Beginning in 1966 and during all of the taxable years in issue, petitioner was employed as a real estate manager by W.T. Grant and Company (Grant), the *37 since-bankrupt national retail department store chain. From 1966 to 1972, petitioner worked in Grant's Central Region real estate department headquarters in Chicago, Illinois, which department was responsible for real estate acquisitions in the Midwest. In 1972, petitioner was transferred to Atlanta, Georgia, where his responsibilities included the selection of Grant store sites and their real estate developers in the Southeast.

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Cite This Page — Counsel Stack

Bluebook (online)
1987 T.C. Memo. 34, 52 T.C.M. 1415, 1987 Tax Ct. Memo LEXIS 34, Counsel Stack Legal Research, https://law.counselstack.com/opinion/haines-v-commissioner-tax-1987.