Opinion
13531-18
10-15-2021
George S. Harrington Petitioner v. Commissioner of Internal Revenue Respondent
ORDER AND DECISION
Albert G. Lauber Judge
On July 26, 2021, the Court issued its Opinion in this case (T.C. Memo. 2021-95), which stated at the end thereof that “Decision will be entered under Rule 155.” By order served July 27, 2021, we directed the parties to file computations for entry of decision by September 30, 2021. Respondent timely filed his computations for entry of decision. Petitioner filed no computations and has expressed no disagreement with respondent's computations.
Upon due consideration, it is
ORDERED AND DECIDED that there are deficiencies in income tax due from petitioner for the 2005, 2006, 2007, 2008, and 2009 tax years in the amounts of $21,273.00, $1,174.00, $6,544.00, $83,900.00, and $64.00, respectively;
There is no deficiency in income tax due from petitioner for the 2010 tax year;
There are penalties due from petitioner for the 2005, 2006, 2007, 2008, and 2009 tax years, under the provisions of I.R.C. § 6663, in the amounts of $15,954.75, $6,892.00, $4,908.00, $62,925.00, and $48.00, respectively;
There is no penalty due from petitioner for the 2010 tax year, under the provisions of I.R.C. § 6663.