Taylor v. Comm'r

2015 T.C. Summary Opinion 51, 2015 Tax Ct. Summary LEXIS 51
United States Tax Court·Decided August 24, 2015·No. Docket No. 22541-11S.·Unpublished·Cited by 2 cases

Opinion

JAMES RAMONE TAYLOR, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Taylor v. Comm'r
Docket No. 22541-11S.
United States Tax Court
T.C. Summary Opinion 2015-51; 2015 Tax Ct. Summary LEXIS 51;
August 24, 2015, Filed

PURSUANT TO INTERNAL REVENUE CODE SECTION 7463(b), THIS OPINION MAY NOT BE TREATED AS PRECEDENT FOR ANY OTHER CASE.

Decision will be entered under Rule 155.

*51 James Ramone Taylor, Pro se.
Michael R. Connelly, for respondent.
CARLUZZO, Special Trial Judge.

CARLUZZO
SUMMARY OPINION

CARLUZZO, Special Trial Judge: This case was heard pursuant to the provisions of section 7463 of the Internal Revenue Code in effect when the petition was filed.1 Pursuant to section 7463(b), the decision to be entered is not reviewable by any other court, and this opinion shall not be treated as precedent for any other case.

In a notice of deficiency dated September 12, 2011 (notice), respondent determined a $6,488 deficiency in, and a $1,298 accuracy-related penalty with respect to, petitioner's 2009 Federal income tax.

After a concession,2 the issues for decision are: (1) whether any or all of petitioner's military retirement pay is excludable from income and (2) whether petitioner is liable for a section 6662(a) accuracy-related penalty.

Background

Some of the*52 facts have been stipulated and are so found. At the time the petition was filed, petitioner resided in Oklahoma.

After 26 years of active service in the U.S. Army, petitioner retired as a lieutenant colonel in 2002. At the time, petitioner qualified for and began to receive military retirement pay. That same year petitioner was divorced. Pursuant to the divorce, petitioner's former spouse was awarded a portion of his military retirement pay. See10 U.S.C. sec. 1408(c) (2000).3

A Defense Finance and Accounting Service (DFAS) account statement shows petitioner's 2009 gross retirement pay as $48,966, which includes: (1) approximately $2,244.40 attributable to the portion of his military retirement pay that he was required to*53 waive because of his election to receive VA disability compensation (VA waiver compensation);4 and (2) the portion of his military retirement pay awarded to his former spouse. The account statement also shows that petitioner did not elect to participate in the survivor benefit plan then available.

For 2009 DFAS issued to petitioner a Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts,*54 etc., that shows $28,007 as the "taxable amount" of his military retirement pay. The VA waiver compensation is not included in the taxable amount shown on the Form 1099-R. Neither is the portion of petitioner's retirement pay awarded to his former spouse.

Before the preparation of his 2009 Federal income tax return, and upon the recommendation and advice of an acquaintance, petitioner submitted amended Federal income tax returns for 2006, 2007, and 2008 (amended returns).5*55 Apparently, on the original return for each of those years petitioner included in income the amount of the military retirement pay shown as taxable on the Forms 1099-R that DFAS issued to him. On each amended return petitioner claimed a refund computed by treating the taxable amount as excludable from income. Included with each amended return is a statement showing how the amount of the exclusion was computed. According to petitioner, the computations are based upon examples in section 1.122-1, Income Tax Regs.; specifically, paragraph (c) and Example 4 of paragraph (d). Petitioner received the refunds claimed on the amended returns before his 2009 return was filed.

The $28,007 of military retirement pay reported as taxable on the Form 1099-R is shown on petitioner's self-prepared 2009 Federal income tax return but not included in the income reported on that return. After petitioner's 2009 return was filed, he provided to respondent a computation (2009 computation) showing how the exclusion was computed. As with the amended returns, the 2009 computation appears to be based upon examples in section 1.122-1, Income Tax Regs.

In addition to an adjustment now agreed upon, in the notice respondent increased petitioner's income by the taxable portion of his military retirement pay and imposed a section 6662(a) penalty upon the ground that the underpayment of tax required to be shown on his return is a substantial understatement of income tax.

DiscussionI. Military Retirement Pay

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Taylor v. Comm'r, 2015 T.C. Summary Opinion 51, 2015 Tax Ct. Summary LEXIS 51 (tax 2015).

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