TAX COURT OPINION

Case: Hoi Thi Huynh
Docket Number: 22381-06
Judge: Foley
Opinion Type: memo
Filed: 02/12/2008
Pages: 3

T .C . Memo . 2008-2 7 UNITED STATES TAX COUR T HOI THI HUYNH, Petitioner v . COMMISSIONER OF INTERNAL REVENUE, Responden t Docket No . 22381- 06 . Filed February 12, 2008 . Hoi Thi Huynh, pro se . Tracy Hogan , for respondent . MEMORANDUM FINDINGS OF FACT AND OPINIO N FOLEY, Judge : The issue for decision is whether petitioner is liable for a section 72(t)1 10-percent additional tax relating to distributions from a qualified retirement plan . 1 Unless otherwise indicated, all section references are to the Internal Revenue Code of 1986, as amended . SERVED FEB 12 2008 - 2 - FINDINGS OF FAC T Until October 2003, petitioner was employed as a math teacher with the City of Chicago . While employed as a teacher, petitioner acquired an annuity account with AXA Equitable, a qualified retirement plan . In 2004, petitioner received distributions from AXA Equitable of $5,478 and $8,961 . Petitioner reported, on her 2004 tax return, the distributions as income from pensions and annuities . On July 31, 2006, respondent issued petitioner a notice of deficiency relating to 2004 and determined that petitioner was liable for a 10-percent additional tax with respect to the distributions . Petitioner filed her petition with the Court on November 2, 2006, while residing in Chicago, Illinois . OPINION A 10-percent additional tax is imposed upon distributions from a qualified retirement plan, unless one of the exceptions enumerated in section 72(t)(2) is satisfied . Sec . 71(t)(1) and (2) ; see also Dwyer v . Commissioner , 106 T .C . 337 (1996) . Petitioner failed to meet any of those exceptions . Accordingly, we sustain respondent's determination . Contentions we have not addressed are irrelevant, moot, or - 3 - meritless . Decision will be entered fo r respondent .