Beyer v. Commissioner

WILLIAM R. BEYER, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Beyer v. Commissioner

Docket No. 33692-85.

United States Tax Court

T.C. Memo 1988-261; 1988 Tax Ct. Memo LEXIS 287; 55 T.C.M. (CCH) 1080; T.C.M. (RIA) 88261;

June 20, 1988.

Samuel Coon, for the petitioner.

Randall G. Durfee, for the respondent.

SHIELDS

MEMORANDUM FINDINGS OF FACT AND OPINION

SHIELDS, Judge: Respondent determined deficiencies in and additions to petitioner's income taxes as follows:

Section 6653(b) 1

Year

Deficiency

Addition to tax

1974

$ 2,438.28

$ 1,219.14

1975

45,615.97

22,807.98

1976

11,254.63

5,627.31

1977

44,862.90

22,431…