86-2103 - Individual Income

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX and XXXXX,

Petitioners, :

v. : INFORMAL DECISION

:

COLLECTION DIVISION OF THE : Appeal No. 86 2103

STATE TAX COMMISSION OF UTAH, ) Acct. No. XXXXX

Respondent. :

_____________________________________

STATEMENT OF CASE

This matter is being reviewed on the file and documents contained therein at the request of the Petitioners without a hearing.

The Petitioners filed a timely extension for the XXXXX tax returns with the Internal Revenue Service under the impression that the application for the IRS extension would also apply to Utah. The only reason why the return was filed with Utah was for information purposes to protect a net operating loss carry over generated by a limited partnership. The Petitioners were not required to file the XXXXX return.

DECISION AND ORDER

Based upon the foregoing, it is the Decision and Order that the Utah State Tax Commission that the penalty assessed be waived.

DATED this 4 day of February of 1987.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

ABSENT

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco G. Blaine Davis

Commissioner Commissioner