Tax Court Petition refers to a formal request submitted to the United States Tax Court by a taxpayer who disputes a tax deficiency or a proposed adjustment made by the Internal Revenue Service (IRS).
The petition initiates a legal process where the taxpayer seeks to challenge the IRS’s determination, typically following a Notice of Deficiency. The petition must include specific information such as the taxpayer’s name, address, and a clear statement of the issues being contested.
For example, if the IRS issues a Notice of Deficiency asserting that a taxpayer owes additional taxes for a given year, the taxpayer can file a Tax Court Petition to contest that assertion, aiming to resolve the dispute before a judge rather than through negotiation with the IRS.
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