Milito v. Commissioner

1989 T.C. Memo. 146, 57 T.C.M. 14, 1989 Tax Ct. Memo LEXIS 145
CourtUnited States Tax Court
DecidedApril 4, 1989
DocketDocket No. 4686-88.
StatusUnpublished
Cited by1 cases

This text of 1989 T.C. Memo. 146 (Milito 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
Milito v. Commissioner, 1989 T.C. Memo. 146, 57 T.C.M. 14, 1989 Tax Ct. Memo LEXIS 145 (tax 1989).

Opinion

LYNDA MILITO, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Milito v. Commissioner
Docket No. 4686-88.
United States Tax Court
T.C. Memo 1989-146; 1989 Tax Ct. Memo LEXIS 145; 57 T.C.M. (CCH) 14; T.C.M. (RIA) 89146;
April 4, 1989
Patrick E. Whelan, for the respondent.

WHALEN

MEMORANDUM OPINION

WHALEN, Judge: This case is before us on respondent's Motion for Default Judgment Pursuant to Tax Court Rule 123(a), filed December 6, 1988.

At issue is respondent's determination of the following deficiencies in, and additions to, petitioner's Federal income tax:

Addition to Tax
YearDeficiencySection 6653(b) 1
1978$ 109,731.00$  54,866.00
1979267,403.00134,172.00

These deficiencies and additions result from respondent's underlying determination that petitioner failed to report income*146 derived from the sale of automobiles in the amount of $ 167,997.00 for 1978 and $ 403,366.00 for 1979.

Petitioner, who resided in Staten Island, New York, filed her petition on March 10, 1988. Respondent's Answer, filed May 9, 1988, denied the substantive allegations of the petition, and affirmatively alleged:

7. FURTHER ANSWERING the petition and in support of the determination that all or part of the underpayments of tax required to be shown on the petitioner's income tax returns for the taxable years 1978 and 1979 is due to fraud, the respondent alleges:

A. During the years at issue, the petitioner was an automobile wholesaler licensed by the New York State Department of Motor Vehicles (DMV) to do business in Staten Island, New York.

B. As such, the petitioner conducted and participated in a used car business with her husband, Liborio Milito, since, due to prior criminal convictions for automobile violations, he could not legally sell used cars in the state of New York.

C. As such, the petitioner signed DMV Forms MV-50 as the owner of automobiles using the name Castleton Autorama, which entity she knew did not exist.

D. The petitioner filed Federal income tax returns*147 for the taxable years 1978 and 1979 using the status "Married, filing separately."

E. Those tax returns failed to report a substantial amount of the gross income realized from the sale of automobiles during the taxable years 1978 and 1979.

F. The petitioner should have reported as income the following amounts:

1.     1978
Total sales to auctions$ 749,212.00
Total other sales151,104.00
Total sales$ 900,316.00
Profit mark-up (20.92%).2092 
Total income which should
have been reported$ 188,346.00
Income per return-20,349.00
Adjustment (unreported income)$ 167,997.00
2.     1979
Total sales to auctions$ 1,567,010.00
Total other sales395,065.00
Total sales$ 1,962,075.00
Profit mark-up (20.92%).2092   
Total income which should
have been reported$   410,466.00
Income per return7,100.00
Adjustment (unreported income)$   403,366.00

G. The petitioner's failure to report large amounts of taxable income over a two year period was fraudulent with intent to evade tax.

H. The petitioner's failure to maintain complete and accurate records of her and her husband's used car sales*148 and her failure to supply such records to the respondent in connection with the examination of the petitioner's income tax returns for the years at issue was fraudulent with intent to evade tax.

I. Petitioner, fraudulently and with intent to evade tax, made false and misleading statements to respondent's agents during the examination.

J. Petitioner, fraudulently and with intent to evade tax, failed to supply the preparer of her 1978 and 1979 income tax returns with accurate records of her and her husband's income from car sales, and lied to him by stating that no records were available for 1979.

K. The petitioner's understatement of her tax liabilities in the amounts of $ 109,731.00 and $ 267,403.00 for the taxable years 1978 and 1979, respectively, was fraudulent with intent to evade tax.

L.

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Related

Raymond v. Commissioner
1991 T.C. Memo. 238 (U.S. Tax Court, 1991)

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Bluebook (online)
1989 T.C. Memo. 146, 57 T.C.M. 14, 1989 Tax Ct. Memo LEXIS 145, Counsel Stack Legal Research, https://law.counselstack.com/opinion/milito-v-commissioner-tax-1989.