Maloney v. Commissioner

PATRICK J. MALONEY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Maloney v. Commissioner

Docket No. 17617-80.

United States Tax Court

T.C. Memo 1986-91; 1986 Tax Ct. Memo LEXIS 512; 51 T.C.M. (CCH) 572; T.C.M. (RIA) 86091;

March 10, 1986.

Cyril L. Lawrence, for the petitioner.

Bryce Kranzthor, for the respondent.

PARR

PARR, Judge:* Respondent determined a deficiency in petitioner's 1976 Federal income tax in the amount of $184,655.

This case involves the validity of respondent's notice of deficiency. Specifically, the issues presented for decision are (1) whether petitioner's 1976 tax…