No. TaskItem bodies support RTF, not HTML. See
http://www.outlookcode.com/d/formatmsg.htm for formatting solutions

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Sue Mosher, Outlook MVP
Author of
Microsoft Outlook Programming - Jumpstart for
Administrators, Power Users, and Developers
http://www.outlookcode.com/jumpstart.aspx
>I am trying to create an HTML formatted note to insert in the notes area of
>an Outlook task. However, I can't seem to get it work like I can with an
>e-mail item. If I use oTaskItem.HTMLBody, I get the raw HTML code. Am I
>doing something wrong?