SUPPLEMENTAL OPINION
MARVEL, Judge: This matter is before the Court on petitioners' objection to respondent's proposed Rule 155Menard, Inc. v. Commissioner, T.C. Memo 2004-207">T.C. Memo 2004-207 (Menard I), and Menard, Inc. v. Commissioner, T.C. Memo 2005-3">T.C. Memo 2005-3 (Menard II). As discussed in greater detail below, in Menard I we held that petitioners are liable for income tax deficiencies for the taxable year ended (TYE) 1998. In Menard II we denied petitioners' motion for reconsideration.
The issue we must decide is whether, under the equitable recoupment doctrine, petitioners are entitled to an offset against their income tax liabilities for TYE 1998 equal to the amount of so-called hospital insurance taxes that they overpaid pursuant to sections 3101(b) and 3111(b) on the portion of petitioner John R. Menard's compensation recharacterized in Menard I as a disguised dividend.
BACKGROUNDWe adopt the findings of fact set forth in Menard I. For convenience and clarity, we repeat below the facts necessary for the disposition of this matter, and we supplement those findings with additional facts as appropriate.
Menard, Inc. (Menards), was incorporated in Wisconsin in 1962 and is engaged primarily in the retail sale of hardware, building supplies, paint, garden equipment, and similar items. As of the trial date, Menards had approximately 160 stores in nine Midwestern States and was one of the nation's top retail home improvement chains.
John R. Menard (Mr. Menard) served as president and chief executive officer of Menards and has been a controlling shareholder of Menards since its incorporation. During the period in question, Mr. Menard owned approximately 89 percent of Menards's voting and nonvoting stock.
Menards is an accrual basis taxpayer and has a fiscal year ending January 31 for tax and financial reporting purposes. On October 15, 1998, Menards timely filed Form 1120, U.S. Corporation Income Tax Return, for TYE 1998. On October 12, 2001, respondent sent to Menards a notice of deficiency with respect to its TYE 1998. Menards timely petitioned this Court seeking a redetermination of the deficiency.
Mr. Menard is a cash basis taxpayer with a taxable year ending December 31. Between March 30 and April 15, 1999, Mr. Menard timely filed Form 1040, U.S. Individual Income Tax Return, for 1998. On October 12, 2001, respondent sent a separate notice of deficiency to Mr. Menard with respect to 1998. Mr. Menard timely petitioned this Court seeking a redetermination of the deficiency.
The two cases were consolidated for trial, briefing, and opinion. Following a trial and the submission of posttrial briefs, we issued our opinion in Menard I holding, among other things, that Menards was not entitled to a business expense deduction for a significant portion of the compensation it paid to Mr. Menard for 1998 because the compensation was unreasonable, was not paid entirely for personal services, and was properly characterized as a disguised dividend to Mr. Menard. Separately, we sustained respondent's determination that Mr. Menard was liable for an income tax deficiency to the extent that Menards's payment of certain expenses on Mr. Menard's behalf was unreasonable and constituted a constructive dividend to Mr. Menard.
After we issued our opinions in Menard I and Menard II, we received and filed respondent's computation for entry of decision pursuant to Rule 155 in each of these consolidated cases. Respondent concluded that (1) Menards owed an income tax deficiency of $ 5,720,334 and a penalty of $ 188,295.60, and (2) Mr. Menard owed an income tax deficiency of $ 921,491 and a penalty of $ 184,298.20. Petitioners filed a notice of objection to respondent's Rule 155 computations in which they alleged that Menards's correct income tax deficiency and penalty amounts were $ 5,523,488.20 and $ 188,295.60, respectively, and that Mr. Menard's correct income tax deficiency and penalty amounts were $ 724,645 and $ 184,298.20, respectively. *10
The parties' deficiency computations for both Menards and Mr. Menard differ by $ 196,845.81, which is the amount of hospital insurance tax (hospital tax) that Mr. Menard and Menards contend they overpaid pursuant to sections 3101(b) and 3111(b), respectively. *11 Petitioners contend that, consistent with our holding in Menard I recharacterizing a portion of the compensation that Menards paid to Mr. Menard as a constructive dividend, they overpaid so much of the hospital tax that they remitted to the Commissioner during 1998 as was attributable to the constructive dividend. Petitioners argue that, under the doctrine of equitable recoupment, they are entitled to offset the amount of their hospital tax overpayments against their respective income tax deficiencies for TYE 1998 and that they have met all of the requirements necessary to establish their equitable recoupment defense. section 6211 and that neither additional hospital tax liabilities nor hospital tax overpayments are included in a computation for entry of decision because we lack jurisdiction over hospital taxes. According to respondent, applying equitable recoupment in this case "would allow petitioners to slip through a back door to challenge a tax they could not directly petition the Court to review."
Respondent does not dispute the amount by which petitioners contend they overpaid their hospital taxes, nor does respondent dispute that the elements necessary for an equitable recoupment claim are present in this case. section 7481.
DISCUSSIONThese cases present an issue of first impression regarding the scope of our authority to apply the doctrine of equitable recoupment. Specifically, we must decide whether the tax that is the subject of a litigant's equitable recoupment defense must be one over which we have deficiency and overpayment jurisdiction under sections 6211 and 6212.
I. Jurisdiction of the Tax CourtA. Deficiency and Overpayment JurisdictionLike other Federal courts, the Tax Court is a court of limited jurisdiction, and it may exercise its jurisdiction only to the extent authorized by Congress. Naftel v. Commissioner, 85 T.C. 527">85 T.C. 527, 529 (1985). Section 7442 expressly provides that the Court and its divisions shall have such jurisdiction as is conferred on them by the Internal Revenue Code and by laws enacted after February 26, 1926. See Adams v. Commissioner, 70 T.C. 446">70 T.C. 446, 447 (1978); Chatterji v. Commissioner, 54 T.C. 1402">54 T.C. 1402, 1406 (1970).
Petitioners each received a notice of deficiency, and they invoked our jurisdiction by filing a petition for redetermination of a deficiency under section 6213(a). Section 6214(a) grants us jurisdiction to redetermine the correct amount of a deficiency and to determine whether any additional amounts or any additions to tax should be assessed. Section 6211(a) in relevant part defines the term "deficiency" as the amount by which the tax imposed by subtitle A (sections 1 through 1563) or subtitle B (sections 2001 through 2704), or chapter 41 (sections 4911 and 4912), chapter 42 (sections 4940 through 4963), chapter 43 (sections 4971 through 4980E), or chapter 44 (sections 4981 and 4982) exceeds the amount shown as the tax by the taxpayer on a return. Section 6212(a), which authorizes the Commissioner to issue a notice of deficiency, likewise is limited to a deficiency in respect of any taxes imposed by subtitle A or B or chapter 41, 42, 43, or 44.
Pursuant to section 6512(b)(1), we also have jurisdiction to determine the amount of an overpayment *60 circumstances. Our jurisdiction to determine whether there has been an overpayment is limited to the same taxable year or years for which the Commissioner has issued a notice of deficiency and with regard to which the taxpayer has timely filed a petition for redetermination of the deficiency. Sec. 6512(b)(1). In addition, our overpayment jurisdiction is limited to determining an overpayment of income, gift, estate, or excise taxes (and related interest) imposed by chapter 41, 42, 43, or 44. Sec. 6512(b)(1) and (2). Once we have determined that there is no deficiency but that the taxpayer has made an overpayment of tax, or that there is a deficiency but the taxpayer has made an overpayment of such tax, we have jurisdiction to determine the amount of the overpayment and order a refund of the overpayment, or to credit the overpayment against the deficiency, if the requirements of section 6512(b) are satisfied. Sec. 6512(b)(1) and (2).
B. Jurisdiction Over Hospital TaxPetitioners' equitable recoupment defense pertains to hospital tax imposed by the Federal Insurance Contributions Act, codified as chapter 21 (sections 3101-3128). Section 3101(b) imposes a 1.45-percent hospital tax on the wage income of all employees, which the employer must withhold from the employees' wages and pay to the Secretary. See secs. 3102(a), 3501. In addition, section 3111(b) requires employers to pay to the Secretary a corresponding 1.45-percent hospital tax on all wages paid to employees. See sec. 3501.
Our deficiency and overpayment jurisdiction (described above) does not extend to hospital tax imposed under sections 3101 and 3111. Nevertheless, Congress has recently expanded our jurisdiction with respect to employment tax. In 1997, Congress passed the Taxpayer Relief Act of 1997, Pub. L. 105-34, sec. 1454(a), 111 Stat. 1055">111 Stat. 1055, adding section 7436, which confers jurisdiction on the Court to review certain determinations made by the Commissioner regarding employment status (worker classification) and the proper amount of employment tax Charlotte's Office Boutique, Inc. v. Commissioner, 121 T.C. 89">121 T.C. 89, 102-103 (2003), affd. 425 F.3d 1203">425 F.3d 1203 (9th Cir. 2005); Ewens & Miller, Inc. v. Commissioner, 117 T.C. 263">117 T.C. 263, 267-268 (2001). However, our jurisdiction under section 7436(a) depends upon, and only arises after, a determination of worker classification by the Secretary. Charlotte's Office Boutique, Inc. v. Commissioner, supra at 103. The Secretary has not made such a determination in this case, and therefore we do not have original jurisdiction under section 7436 over petitioners' claims for hospital tax offsets against their income tax deficiencies. *18
Ordinarily, a taxpayer asserting an overpayment of hospital tax must file a claim for refund or credit with the Secretary. See secs. 6402(a), 6413(a); sec. 31.6402(a)-1, Employment Tax Regs. If the Secretary denies the taxpayer's claim for refund or credit, the taxpayer may file suit in Federal District Court or the Court of Federal Claims to recover any tax alleged to have been erroneously or illegally assessed or collected. Sec. 7422(a); 28 U.S.C. sec. 1346(a) (2000). In addition, any claim for a refund or credit must be made within 3 years from the time the return was filed or 2 years from the time the tax was paid, whichever of such periods expires later. Sec. 6511(a). No credit or refund shall be allowed or made after the period of limitations for filing such a claim expires. Sec. 6511(b)(1).
II. The Equitable Recoupment DoctrineA. GenerallyThe doctrine of equitable recoupment is a judicially created doctrine that, under certain circumstances, allows a litigant to avoid the bar of an expired statutory limitation period. United States v. Dalm, 494 U.S. 596">494 U.S. 596, 605, 110 S. Ct. 1361">110 S. Ct. 1361, 108 L. Ed. 2d 548">108 L. Ed. 2d 548 (1990); Bull v. United States, 295 U.S. 247">295 U.S. 247, 262, 55 S. Ct. 695">55 S. Ct. 695, 79 L. Ed. 1421">79 L. Ed. 1421, 81 Ct. Cl. 974">81 Ct. Cl. 974, 1 C.B. 310">1935-1 C.B. 310 (1935). The doctrine prevents an inequitable windfall to a taxpayer or to the Government that would otherwise result from the inconsistent tax treatment of a single transaction, item, or event affecting the same taxpayer or a sufficiently related taxpayer. Estate of Mueller v. Commissioner, 101 T.C. 551">101 T.C. 551, 552 (1993) (Mueller II); *20 see also United States v. Dalm, supra at 605-606 n.5; Bull v. United States, supra.Equitable recoupment operates as a defense that may be asserted by a taxpayer to reduce the Commissioner's timely claim of a deficiency, or by the Commissioner to reduce the taxpayer's timely claim for a refund. O'Brien v. United States, 766 F.2d 1038">766 F.2d 1038, 1049 (7th Cir. 1985); Estate of Mueller v. Commissioner, supra,at 552; Estate of Orenstein v. Commissioner, T.C. Memo 2000-150">T.C. Memo. 2000-150. When applied for the benefit of a taxpayer, the equitable recoupment doctrine allows a taxpayer to recoup the amount of a time-barred tax overpayment by allowing the overpayment to be applied as an offset against a deficiency if certain requirements are met. Bull v. United States, supra at 259-263; Crop Assocs.-1986 v. Commissioner, 113 T.C. 198">113 T.C. 198, 200 (1999).
As a general rule, the party claiming the benefit of an equitable recoupment defense must establish that it applies. See Estate of Mueller v. Commissioner, supra at 556. In order to establish that equitable recoupment applies, a party must prove the following elements: (1) The overpayment or deficiency for which recoupment is sought by way of offset is barred by an expired period of limitation; (2) the time-barred overpayment or deficiency arose out of the same transaction, item, or taxable event as the overpayment or deficiency before the Court; (3) the transaction, item, or taxable event has been inconsistently subjected to two taxes; and (4) if the transaction, item, or taxable event involves two or more taxpayers, there is sufficient identity of interest between the taxpayers subject to the two taxes that the taxpayers should be treated as one. United States v. Dalm, supra at 604-605; Estate of Branson v. Commissioner, 113 T.C. 6">113 T.C. 6, 15 (1999), affd. 264 F.3d 904">264 F.3d 904 (9th Cir. 2001); Estate of Orenstein v. Commissioner, supra.
B. Tax Court Jurisdiction To Apply Equitable RecoupmentWe addressed the question of our authority to consider a claim of equitable recoupment in Mueller II. In that case, we held that our authority to apply equitable recoupment was inherent in the jurisdiction conferred on us by statute to redetermine a tax deficiency. Estate of Mueller v. Commissioner, supra at 556. We concluded that exercising jurisdiction over the taxpayer's equitable recoupment claim did not require us to exercise jurisdiction that was beyond the scope of the taxpayer's primary claim for redetermination of the deficiency, explaining that "When a taxpayer raises an affirmative defense to a deficiency determination, we need no additional source of jurisdiction to render a decision with respect to the defense. It is part of the entire action over which we have jurisdiction." Id.
In several cases following Mueller II, we reaffirmed our jurisdiction to consider equitable recoupment as an affirmative defense in resolving a deficiency proceeding. Estate of Branson v. Commissioner, supra; Estate of Bartels v. Commissioner, 106 T.C. 430 (1996); Estate of Orenstein v. Commissioner, supra.
The Courts of Appeals that considered whether this Court may entertain an equitable recoupment claim split on the question. In Estate of Mueller v. Commissioner, 153 F.3d 302">153 F.3d 302 (6th Cir. 1998), affg. on other grounds 107 T.C. 189">107 T.C. 189 (1996), the Court of Appeals held that this Court lacked jurisdiction to consider a claim of equitable recoupment. In contrast, in Estate of Branson v. Commissioner, 264 F.3d 904">264 F.3d 904 (9th Cir. 2001), the Court of Appeals reached the opposite conclusion.
For present purposes, any uncertainty regarding the Court's authority to apply the equitable recoupment doctrine was eliminated with the enactment of the Pension Protection Act of 2006 (PPA), Pub. L. 109-280, sec. 858(a), 120 Stat. 1020">120 Stat. 1020, which amended section 6214(b) by adding a second sentence to the provision. Section 6214(b) now provides as follows:SEC. 6214(b). Jurisdiction Over Other Years and Quarters. -- The Tax Court in redetermining a deficiency of income tax for any taxable year or of gift tax for any calendar year or calendar quarter shall consider such facts with relation to the taxes for other years or calendar quarters as may be necessary correctly to redetermine the amount of such deficiency, but in so doing shall have no jurisdiction to determine whether or not the tax for any other year or calendar quarter has been overpaid or underpaid. Notwithstanding the preceding sentence, the Tax Court may apply the doctrine of equitable recoupment to the same extent that it is available in civil tax cases before the district courts of the United States and the United States Court of Federal Claims.
Section 6214(b), as amended, is effective for any action or proceeding before the Court with respect to which a decision has not become final (as determined under section 7481) as of August 17, 2006. PPA sec. 858(b), 120 Stat. 1020">120 Stat. 1020. Because no decisions have been entered in these cases, section 6214(b), as amended, applies in determining the scope of our authority to apply the doctrine of equitable recoupment.
There is very little in the way of legislative history underlying the amendment to section 6214(b). The most complete statement concerning the amendment is contained in S. Rept. 109336, at 97 (2006), which states in pertinent part:REASONS FOR CHANGE
The Committee believes that it is important to resolve the conflict among the circuit courts by eliminating the uncertainty or confusion of differing results in differing circuits. The Committee also believes that the provision will provide simplification benefits to both taxpayers and the IRS.
EXPLANATION OF PROVISION
[The bill does not include the provision as approved by the Committee because an identical or substantially similar provision was enacted into law in the Pension Protection Act of 2006 (Pub. L. No. 109-280, sec. 858) subsequent to Committee action on the bill. The following discussion described the provision as approved by the Committee.]
The provision confirms that the Tax Court may apply the principle of equitable recoupment to the same extent that it may be applied in Federal civil tax cases by the U.S. District Courts or the U.S.Court of Claims. * * * [AnalysisA. The Scope of the Court's Jurisdiction To Consider Equitable Recoupment ClaimsSection 6214(b) provides that this Court "may apply the doctrine of equitable recoupment to the same extent that it is available in civil tax cases before" other Federal trial courts. The limited legislative history underlying the recent amendment to section 6214(b) indicates Congress intended to eliminate confusion over the Court's authority to apply the doctrine created by conflicting Court of Appeals opinions and to provide simplification benefits to both taxpayers and the Commissioner. S. Rept. 109-336, supra at 97; see Staff of Joint Comm. on Taxation, Technical Explanation of H.R. 4, The Pension Protection Act of 2006, at 203 (J. Comm. Print 2006) .
Respondent acknowledges that section 6214(b) grants the Court authority to apply the doctrine of equitable recoupment in appropriate cases. Nevertheless, respondent asserts that we may not apply the doctrine in this case because our authority is limited to taxes over which we have deficiency or overpayment jurisdiction; i.e., income, estate, and gift taxes and excise taxes imposed under chapters 41, 42, 43, and 44. In support of his position, respondent attempts to draw parallels between the first and second sentences of section 6214(b). Specifically, while the first sentence of section 6214(b) permits us to consider facts with relation to other taxable years and calendar quarters in determining the correct amounts of the deficiencies for the taxable years properly before us, the provision expressly bars us from exercising jurisdiction to determine whether the tax for those other taxable years or calendar quarters has been overpaid or underpaid. As respondent sees it, just as the first sentence of section 6214(b) limits our jurisdiction, the second sentence of section 6214(b), which grants us authority to apply the doctrine of equitable recoupment, should be narrowly construed so that our jurisdiction is restricted in all events to taxes within our original jurisdiction.
Petitioners assert that respondent is attempting to add words of limitation to the otherwise plain language of section 6214(b). Petitioners maintain that section 6214(b) is broadly worded and clearly expresses Congress's intent to put this Court on equal footing with other Federal trial courts vested with jurisdiction over civil tax disputes. Petitioners argue that to the extent other Federal trial courts with jurisdiction over civil tax cases may apply the doctrine of equitable recoupment in respect of hospital tax, the Tax Court may do so as well.
As explained below, we reject respondent's narrow construction of section 6214(b). Respondent's position regarding our authority to apply the doctrine of equitable recoupment conflicts with the plain language of section 6214(b), its legislative history, and the policies underlying the doctrine.
When Congress recently amended section 6214(b), it confirmed in the broadest of terms our authority to apply the doctrine of equitable recoupment. The plain language of section 6214(b) offers no justification or support for the narrow construction that respondent advocates. Section 6214(b) simply states that the scope of the Court's authority to apply the doctrine of equitable recoupment is equal to that of other Federal trial courts with jurisdiction over civil tax cases. If, as respondent suggests, Congress intended to limit the scope of the Court's equitable recoupment authority to taxes that normally fall within the Court's deficiency and/or overpayment jurisdiction, we are convinced that Congress would have drafted section 6214(b) to say so in clear and unambiguous terms.
Nor does the legislative history underlying the amendment to section 6214(b) provide any support for respondent's position. To the contrary, S. Rept. 109-336, supra at 97, indicates that Congress viewed the amendment to section 6214(b) as a means to provide clarity and simplification for taxpayers and the Commissioner alike. The literal interpretation of section 6214(b) that petitioners advocate, under which the Court is authorized to apply the doctrine of equitable recoupment in respect of all internal revenue taxes, offers clarity and a meaningful measure of simplification in that both parties can be confident that the Court may provide a complete remedy for a given taxable year. In contrast, respondent's narrow construction of the provision would add uncertainty to litigation and create a category of cases in which equitable recoupment would not be available in the Tax Court.
Respondent's narrow construction of section 6214(b) is also inconsistent with the central policy underlying the doctrine of equitable recoupment; i.e., to prevent an inequitable windfall to a taxpayer or the Government that would otherwise result from the inconsistent tax treatment of a single transaction, item, or event. We assume that if the roles were reversed and petitioners had filed timely refund suits in Federal District Court alleging that they overpaid their hospital tax, respondent would assert equitable recoupment and seek to offset some or all of the claimed refunds by the amount of any income tax petitioners might owe in connection with the same transaction. Just as a Federal District Court may apply the doctrine of equitable recoupment in favor of the Commissioner in the scenario described above, fundamental fairness suggests that this Court likewise may apply the doctrine in favor of petitioners under the facts presented in the instant case. Otherwise, respondent will enjoy an inequitable windfall due to the inconsistent tax treatment of a single transaction under two different internal revenue taxes.
As a final matter, we reject respondent's argument that we are allowing petitioners to use the doctrine of equitable recoupment to expand our jurisdiction and introduce hospital tax into the case "through the back door". We have consistently held that "'While we cannot expand our jurisdiction through equitable principles, we can apply equitable principles in the disposition of cases that come within our jurisdiction.'" Woods v. Commissioner, 92 T.C. 776">92 T.C. 776, 784-785 (1989) (quoting Berkery v. Commissioner, 90 T.C. 259">90 T.C. 259, 270 (1988) (Hamblen, J., concurring)); see also Estate of Branson v. Commissioner, 113 T.C. at 12; Estate of Mueller v. Commissioner, 101 T.C. at 557. In Mueller II, and in each of the subsequent cases in which we have applied equitable recoupment, we held that our jurisdiction to redetermine the disputed deficiency provided the basis for the Court to consider affirmative defenses, including equitable recoupment. See Estate of Branson v. Commissioner, supra at 12; Estate of Bartels v. Commissioner, 106 T.C. 430 (1996); Estate of Orenstein v. Commissioner, T.C. Memo 2000-150">T.C. Memo. 2000-150. In this light, our authority to consider a claim of equitable recoupment is merely ancillary to our jurisdiction to redetermine a tax deficiency and does not unduly expand upon that jurisdiction.
In sum, we conclude there is no requirement in section 6214(b) that, in applying the doctrine of equitable recoupment, we have original or subject matter jurisdiction over the tax that the Commissioner or the taxpayer seeks to apply as an offset against a claimed deficiency or refund. We hold that, if our jurisdiction is properly invoked upon the filing of a petition for redetermination of a deficiency, we may apply the doctrine in respect of any tax imposed under the Internal Revenue Code so long as the elements necessary to support a claim of equitable recoupment are established.
B. Application of the Equitable Recoupment Doctrine to the Facts of This CaseRespondent does not dispute that the elements of equitable recoupment are present in these cases. See supra p. 15. Consequently, we need not discuss the individual elements in any detail.
We are required, however, to address respondent's contention that Menards improperly computed its income tax liability in connection with the offset of its share of the hospital tax. Specifically, respondent asserts that, since Menards deducted its share of the hospital tax on its income tax return for 1998, Menards must first eliminate or back out that particular deduction, then recompute its income tax liability in accordance with the Court's earlier opinions, and finally offset the resulting income tax deficiency by the amount of the hospital tax that it paid under section 3111(b).
Menards disagrees with respondent and cites section 1.461-2(a)(1), Income Tax Regs., which provides the general rule that if an asserted liability is contested, the taxpayer transfers money to satisfy the asserted liability, and, if but for the contest of the asserted liability, a deduction is otherwise allowed with regard to the asserted liability, the deduction is allowed for the taxable year of the transfer. In conjunction with this provision, section 1.461-2(a)(3), Income Tax Regs., provides in pertinent part that the refund of a contested amount is includable in gross income for the taxable year of receipt, or for an earlier taxable year if properly accruable for such earlier year. Although Menards relies on the regulation for the proposition that there should be no adjustment to the deduction for hospital tax that it claimed in 1998, Menards fails to elaborate on what it considers the "year of receipt" for purpose of including the "refund" in its income. Menards cites no case in which the above-referenced regulation was applied in respect of a claim for equitable recoupment, and we are not aware of any such precedent.
We conclude that section 1.461-2, Income Tax Regs., is not dispositive in the particular circumstances of this case, and we shall adopt respondent's approach for purposes of completing the computations in this matter. The effect of our holding sustaining Menards's equitable recoupment claim is that Menards will enjoy the benefit of an otherwise time-barred overpayment credit in the taxable year 1998. Considering that such relief is available to Menards only by way of the application of an equitable principle, we believe that all matters related to the overpayment credit, including the proper treatment of the previously claimed hospital tax deduction, should be resolved in a final decision for the taxable year 1998. In short, the parties will be directed to provide the Court with correct computations in accordance with respondent's position as described above.
We have considered the remaining arguments of both parties for results contrary to those expressed herein and, to the extent not discussed above, we find those arguments to be irrelevant, moot, or without merit.
To reflect the foregoing,
An appropriate order will be issued.