Angell v. Commissioner

JOSEPH S. ANGELL and PATRICIA E. ANGELL, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Angell v. Commissioner

Docket No. 17556-83.

United States Tax Court

T.C. Memo 1986-528; 1986 Tax Ct. Memo LEXIS 78; 52 T.C.M. (CCH) 939; T.C.M. (RIA) 86528;

October 27, 1986.

Thomas C. Baratta, Jr., for the petitioners.

Andrew E. Fradkin and Mark L. Cohen, for the respondent.

KORNER

MEMORANDUM FINDINGS OF FACT AND OPINION

KORNER, Judge: Respondent determined deficiencies in petitioners' income tax and additions to tax as follows:

Addition to Tax

Calendar Year

Deficiency

Section 6653(b) 1

1973

$34,477

$17,238

197…