OLSON v. COMMISSIONER

Docket No. 8437-03.

88 T.C.M. 185 (2004)

T.C. Memo. 2004-197

Linda Olson v. Commissioner.

United States Tax Court.

August 31, 2004.


Attorney(s) appearing for the Case

Barry K. Rothman, for petitioner;

Laura Beth Salant, for respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

LARO, Judge:

Petitioner petitioned the Court to redetermine respondent's determination of a $182,636 deficiency in her 2000 Federal income tax and a $36,459 accuracy-related penalty under section 6662(a) of the Internal Revenue Code as applicable to 2000. Following petitioner's concessions, we are left to decide whether petitioner during 2000 received a $461,709 distribution from an individual retirement account (IRA...

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