Villela-Wilcox v. Comm'r

2009 T.C. Summary Opinion 75, 2009 Tax Ct. Summary LEXIS 75
CourtUnited States Tax Court
DecidedMay 13, 2009
DocketNo. 11479-07S
StatusUnpublished

This text of 2009 T.C. Summary Opinion 75 (Villela-Wilcox 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
Villela-Wilcox v. Comm'r, 2009 T.C. Summary Opinion 75, 2009 Tax Ct. Summary LEXIS 75 (tax 2009).

Opinion

LILLIAN DOREEN VILLELA-WILCOX, Petitioner, AND DAVID J. WILCOX, Intervenor v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Villela-Wilcox v. Comm'r
No. 11479-07S
United States Tax Court
T.C. Summary Opinion 2009-75; 2009 Tax Ct. Summary LEXIS 75;
May 13, 2009, Filed

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

*75
Lillian Doreen Villela-Wilcox, Pro se.
David J. Wilcox, Pro se.
Daniel W. Layton, for respondent.
Carluzzo, Lewis R.

LEWIS R. CARLUZZO

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

In a final notice of determination dated April 12, 2007, respondent denied petitioner's claim for section 6015 relief with respect to her joint and several liability arising from the 2000 joint Federal income tax return she filed with intervenor (the return). According to that notice, relief was denied because petitioner "knew, or had reason to know, of the income or deductions that caused the additional tax". In a timely petition filed May 22, 2007, petitioner challenges respondent's determination. Respondent now concedes petitioner's entitlement to relief under section 6015(c). Intervenor is opposed *76 to allowing petitioner any relief under section 6015. Petitioner's entitlement to section 6015 relief depends, in large part, upon what she "knew" or had "reason to know" at the time she signed the return, and we focus our attention on those points.

Background

Some of the facts have been stipulated and are so found. At the time the petition was filed, petitioner resided in California, and intervenor resided in Colorado.

Petitioner and intervenor were married February 14, 1997. Several months later, in September, intervenor, in his own name and with financing through a mortgage, purchased a house (the marital residence). Apparently petitioner's credit rating at the time precluded her participation in the acquisition of the marital residence. Nevertheless, by quitclaim deed executed by intervenor after he acquired his interest in the marital residence, she was made a joint tenant.

Petitioner and intervenor separated in 2002 and were divorced in 2006. During the course of their marriage they filed joint Federal income tax returns for the years 1997 through 2001.

The 1997 Joint Federal Income Tax Return

Events that occurred during 1997 are relevant to the relief petitioner seeks. During 1997 *77 petitioner and intervenor attended what was promoted as a "financial planning seminar" in Montego Bay, Jamaica, conducted by Anderson Ark & Associates (Anderson Ark). In fact the purpose and scope of the seminar was to market interests in partnerships designed to reduce a partner's income tax liability through illegitimate means. Intervenor bought into a newly formed general partnership called GALEED Management, which was organized and domiciled in Grand Turk, Turks and Caicos Islands (GALEED). Although not technically a partner in GALEED, petitioner was designated its "agent".

Petitioner and intervenor's 1997 joint Federal income tax return (the 1997 return) was prepared by an affiliate of Anderson Ark and mailed to them. Both of them reviewed and signed it. The 1997 return includes a Schedule E, Supplemental Income and Loss, showing a substantial loss attributable to GALEED. The loss eliminated what would otherwise have been their Federal income tax liability for that year (excluding the Schedule E loss, the 1997 return shows over $ 200,000 in income) and resulted in a $ 42,536 income tax refund, a portion of which was used to make a cash purchase of a new Cadillac.

The 2000 Federal *78 Income Tax Return

During 2000 intervenor purchased an interest in Forth Venture, L.L.C. (Venture), another entity promoted by Anderson Ark. Intervenor's decision to acquire that interest was prompted by a comparison of two "mock" 2000 joint Federal income tax returns, each prepared by an affiliate of Anderson Ark. One return projected a $ 29,421 joint income tax liability of petitioner and intervenor if the purchase was not made, and the other projected an income tax refund of $ 28,800, if the partnership interest was acquired. The cost of the partnership interest was $ 21,000.

In order to finance intervenor's purchase of an interest in Venture, the marital residence had to be refinanced. The refinancing was made more complicated because petitioner, although shown to be a joint tenant on the quitclaim deed executed years before, was not liable on the note secured by the original mortgage. Consequently, in a prearranged series of events, petitioner reconveyed her interest in the marital residence to intervenor, intervenor refinanced the marital residence in his own name, and, once again by quitclaim deed, petitioner's joint tenancy in the marital residence was restored. Petitioner recalls *79 the series of events described above in connection with the refinancing of the marital residence but conveniently claims to have no recollection of the reasons for doing so.

As it turned out and as with 1997, the return was prepared by an affiliate of Anderson Ark and includes a Schedule E. That schedule shows a $ 356,250 loss attributable to Venture. As a result the return shows no taxable income (excluding the Schedule E loss, the return shows over $ 160,000 in income), no income tax liability, a $ 28,800 overpayment of income tax, and a refund claim for that amount.

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Bluebook (online)
2009 T.C. Summary Opinion 75, 2009 Tax Ct. Summary LEXIS 75, Counsel Stack Legal Research, https://law.counselstack.com/opinion/villela-wilcox-v-commr-tax-2009.