January 5, 2023 at 3:00 p.m.
Azar listed $3.9 million in taxable income for 2017. The IRS calculated the actual number to be $5.6 million, according to U.S. Tax Court records obtained by BusinessDen. Azar’s lawsuit claimed the IRS had wrongly determined he made $1.3 million in taxable income from corporations in 2017, had wrongly prohibited him from deducting $193,802 in charitable donations, had ignored his capital losses of $185,175, had wrongly penalized him for a tax return that was accurate, and made five other significant mistakes.
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