TAX COURT OPINION

Case: Richard E. Goshen
Docket Number: 4824-14
Judge: Halpern
Opinion Type: bench
Filed: 02/09/2015
Pages: 4

CZ UNITED STATES TAX COURT WASHINGTON, DC 20217 RICHARD E. GOSHEN, Petitioner(s), v. COMMISSIONER OF INTERNAL REVENUE, Respondent ) ) ) ) ) Docket No. 4824-14. ) ) ) ) ORDER Pursuant to Rule 152(b), Tax Court Rules of Practice and Procedure, it is ORDERED that the Clerk of the Court shall transmit herewith to petitioner and to respondent a copy of the pages of the transcript of the trial in the above case before Judge James S. Halpern at Chicago, Illinois, containing his oral findings of fact and opinion rendered at the trial session at which the case was heard. In accordance with the oral findings of fact and opinion, decision will be entered under Rule 155. (Signed) James S. Halpern Judge Dated: Washington, D.C. February 9, 2015 SERVED Feb 09 2015 Capital Reporting Company 3 1 2 Bench Opinion by Judge James S. Halpern January 7, 2015 3 Richard E. Goshen v. Commissioner 4 5 6 7 8 Docket: 4824-14 THE COURT: The Court has decided to render oral findings of fact and opinion in this case and the following represents the court's Oral Findings of Fact and Opinion. The Oral Findings of Fact and 9 Opinion shall not be relied upon as precedent in any 10 11 12 13 14 15 16 17 18 other case. This bench opinion is made pursuant to the authority granted by section 7459(b) of the Internal Revenue Code of 1986, as amended, and Rule 152 of the Tax Court Rules of Practice and Procedure. Petitioner resided in Illinois when the petition was filed. By notice of deficiency dated December 2, 2013, respondent determined a deficiency in 19 petitioner's 2011 Federal income tax liability of 20 21 22 23 24 25 $714. The adjustments resulting in the deficiency are on account of three information returns received by respondent, which reflect amounts of income not reported by petitioner. The first is from Sundance Saloon, LLC, and 866.488.DEPO www.CapitalReportingCompany.com Capital Reporting Company 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 shows petitioner's receipt of $737. Petitioner concedes that the amount is gross income to him in 2011, and we so find. The second is from Bank of America·N.A. and reports 2011 interest income of $80. We find that petitioner received interest income from the bank in that amount in 2011. The third is also from Bank of America and reports 2011 nonemployee compensation of $16,036.86. Further evidence received from the bank shows three checks, one for $1,789.96, a second for $1,7 .90, and a third for $12,450. Petitioner concedes the first check is income to him in 2011, and we so find. Petitioner was a credible witness. 15 Petitioner testified that he received the second 16 17 18 19 20 21 22 23 24 25 check and gave it to his clients, Mr. and Mrs. Doman, to buy supplies, and we so find. Any income that he / would have had on account of receipt of the check is offset by his delivery of it to the Domans. Therefore, his taxable income is not increased on account of that check. Petitioner testified that he did not receive the third check, and we so find, so that he had no income on account of that check. This concludes the Court's Oral Findings of Fact and Opinion in this case. Decision will be 866.488.DEPO www.CapitalReportingCompany.com Capital Reporting Company 5 entered under Rule 155. (Whereupon, at 12:28 p.m., the above- entitled matter was concluded.) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 866.488.DEPO www.CapitalReportingCompany.com