91-0463 - Income

 

BEFORE THE UTAH STATE TAX COMMISSION

___________________________

In Re: ) FINDINGS OF FACT,

: CONCLUSIONS OF LAW,

XXXXX ) AND FINAL DECISION

: Appeal No. 91-0463

: Account No. XXXXX

_______________________

STATEMENT OF CASE

This matter came before the Utah State Tax Commission for a formal hearing on XXXXX. Alan Hennebold, Presiding Officer, heard the matter for and on behalf of the Commission. The Petitioner appeared on his own behalf.

Based upon the evidence and testimony presented at the hearing, the Tax Commission hereby makes its:

FINDINGS OF FACT

1. The tax in question is individual income tax.

2. The periods in question are XXXXX and XXXXX.

3. With respect to XXXXX, the Petitioner obtained a six month extension for filing his individual income tax return, which would otherwise have been due on XXXXX. He did not file his return until XXXXX, XXXXX after the extension expired. When filed, the return established a tax liability of $$$$$ which was reduced by credits of $$$$$, leaving a balance due of $$$$$. Extension late filing and late payment penalties of $$$$$ were assessed against the Petitioner, as were interest charges. The Petitioner has paid $$$$$ toward his liability, leaving $$$$$ attributable to penalty and interest unpaid.

5. With respect to XXXXX, the Petitioner obtained a six month extension for filing his income tax return. The return, filed within the extension period, established his tax liability of $$$$$, less withholding credits of $$$$$, leaving a balance of $$$$$. Late filing and late payment penalties of $$$$$ each were assessed against the Petitioner, as were interest charges. The Petitioner has paid $$$$$ toward his liability, leaving $$$$$ attributable to penalty and interest unpaid.

6. The Petitioner's wages have been attached for child support purposes. He also owes a substantial tax liability to the federal government.

CONCLUSIONS OF LAW

Utah law imposes a penalty of either $50 or 10% of the tax, whichever is larger, for late filing of a tax-due return. An equal penalty is imposed for late payment of tax. Utah law also imposes a penalty of 2% per month of the unpaid tax if an extension is not accompanied by payment of at least 80% of the tax due, or alternatively, the total amount of tax due for the prior year. (Utah Code Ann. §59-1-401(2).)

The Tax Commission is granted the authority to waive, reduce, or compromise penalties and interest upon a showing of reasonable cause. (Utah Code Ann. §59-1-401(8).)

DECISION AND ORDER

The Petitioner seeks waiver of the various penalties assessed against his XXXXX and XXXXX income tax liability. The Petitioner concedes he failed to timely file his return for XXXXX, and also failed to make timely payment of his tax liability for XXXXX and XXXXX. However, he cites his financial circumstances as a basis for waiver of penalty.

As noted above, the Commission is authorized to waive or reduce such penalty upon a showing of reasonable cause. Reasonable cause, as determined by the Commission, is a cause which arises despite ordinary care and prudence exercised by the taxpayer. A taxpayer's failure to reserve sufficient funds to pay income tax liability when that liability comes due does not constitute ordinary care and prudence. The Commission therefore holds that the Petitioner has not established reasonable cause for his late payment of the tax in question.

Based upon the foregoing, the Tax Commission finds that sufficient cause has not been shown which would justify a waiver of the interest or penalty associated with the XXXXX and XXXXX tax years. It is so ordered.

DATED this 15th day of July, 1991.

BY ORDER OF THE UTAH STATE TAX COMMISSION

ABSENT

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco S. Blaine Willes *

Commissioner Commissioner